pennystocks2008

Ballmer Is Bad News for Microsoft

MSFT's sky-high valuation of the 90s has come down to earth. A giant like MSFT can't grow that fast any longer. Therefore, a multiple of 50 times earnings (like in 2000) is, of course, no longer justified. This can hardly be blamed on Steve Ballmer. Besides, Bill Gates is frequently selling piles of MSFT stock in order to fund his foundation, which also pressures the stock price.