Speculation time:
June 7, 2000 10:13 PM Subscribe
Speculation time: Will MSFT go up or down tomorrow on the market? Whatcha all think?
Let's go by past history. Last time a breakup was suggested, it went up.
It will rise.
posted by Neale at 10:29 PM on June 7, 2000
It will rise.
posted by Neale at 10:29 PM on June 7, 2000
That depends on what MSFT's PR folks say. The American public swallows all their other BS...
posted by Freakho at 11:30 PM on June 7, 2000
posted by Freakho at 11:30 PM on June 7, 2000
...including the BS that MS thinks a breakup is a bad thing? :)
posted by aurelian at 12:38 AM on June 8, 2000
posted by aurelian at 12:38 AM on June 8, 2000
I vote for up.
And our stock in a MS competitor will most likely tank, proving once again that the market makes no sense whatsoever.
posted by litlnemo at 2:50 AM on June 8, 2000
And our stock in a MS competitor will most likely tank, proving once again that the market makes no sense whatsoever.
posted by litlnemo at 2:50 AM on June 8, 2000
It's up because there were some people waiting to buy in that wanted to find out the outcome. Some had decided to buy if the judge ruled to split MS up, some had decided to buy if the judge ruled to keep MS together. The people already in MSFT certainly weren't going to sell, given that the stock has dropped about 25% from where it was prior to the verdict.
In other words, whichever way the punishment came out, there was a group of people waiting to buy in, and demand went up, raising the price. I think the market makes a lot of sense. That's not to say we can always predict what will happen, but it's pretty easy to figure out after the fact! :)
posted by daveadams at 7:54 AM on June 8, 2000
In other words, whichever way the punishment came out, there was a group of people waiting to buy in, and demand went up, raising the price. I think the market makes a lot of sense. That's not to say we can always predict what will happen, but it's pretty easy to figure out after the fact! :)
posted by daveadams at 7:54 AM on June 8, 2000
Shows you what we all know.
Hour and a half after market open and it's down.
posted by Steven Den Beste at 7:58 AM on June 8, 2000
Hour and a half after market open and it's down.
posted by Steven Den Beste at 7:58 AM on June 8, 2000
up an eighth? I would have guessed that it would shoot up at least a couple bucks.
posted by mathowie at 9:01 AM on June 8, 2000
posted by mathowie at 9:01 AM on June 8, 2000
It started up, with a big backlog of overnight orders.
Anyway, you can follow a chart of the progress here.
posted by aurelian at 9:39 AM on June 8, 2000
Anyway, you can follow a chart of the progress here.
posted by aurelian at 9:39 AM on June 8, 2000
up.
The market has already corrected for this decision. Even if they succeed in breaking MS up, both companies are going to be very successful and worth tons.
MS performs better as the underdog. If they are broken up, they are going to eat everyone for lunch.
posted by Calebos at 11:54 AM on June 8, 2000
The market has already corrected for this decision. Even if they succeed in breaking MS up, both companies are going to be very successful and worth tons.
MS performs better as the underdog. If they are broken up, they are going to eat everyone for lunch.
posted by Calebos at 11:54 AM on June 8, 2000
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posted by Steven Den Beste at 10:14 PM on June 7, 2000