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'Fast Money' Recap: Microsoft Malaise
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| Karen Finerman said that Microsoft was "a little disappointing," and that she
| does not "love two quarters in a row of them being lower."
|
| Adami said that Microsoft's major problem is that it does not tell what is
| going on. He said that it must "communicate with the Street better."
|
| [Hmmmm.... might this be because it has gamed the system (SEC) for a while
| just like everyone else by cooking the books, number-crunching, deferrals,
| etc.?
|
| [...]
|
| Najarian said that Microsoft was "not doing well on the earnings front,"
| and "don't buy this name thinking you're going to get a monster pop."
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http://www.thestreet.com/s/fast-money-recap-microsoft-malaise/funds/fast-money-recap/10427315.html?puc=googlefi&cm_ven=GOOGLEFI&cm_cat=FREE&cm_ite=NA
Buying lots and lots of companies (wasting money) for more revenue and employee
just makes the company clumsy and overweight.
Microsoft CFO says company facing "tough environment"
http://www.guardian.co.uk/business/feedarticle/7659642
Microsoft CFO: No Short-Term Turnaround In Online Unit
,----[ Quote ]
| Shares in Microsoft were trading down 6.3% in after-hours trading at $25.78,
| after closing up 0.95% to 27.52.
|
| Microsoft said earlier that its online services business lost $488 million,
| on sales of $838 million. In the year-earlier period, the online services
| business lost $210 million.
`----
http://money.cnn.com/news/newsfeeds/articles/djf500/200807171911DOWJONESDJONLINE000938_FORTUNE5.htm
Days ago:
Microsoft hit after earnings and forecast miss
,----[ Quote ]
| Shares of Microsoft Corp. dropped more than 6% in after-hours trading after
| the software giant posted a fiscal fourth-quarter profit that fell short of
| Wall Street's estimates as it forecast lower-than-expected revenue for the
| following quarter.
`----
http://money.cnn.com/2008/07/17/technology/microsoft_earnings/?postversion=2008071717
Recent:
Microsoft sees slide in profits
http://news.bbc.co.uk/1/hi/business/7366106.stm
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