With Bill Gates announcement how would the stock fair today?
2006-06-15 23:16:43 · 7 answers · asked by jona 1 in Business & Finance ➔ Investing
Hmm. Let me consult my crystal ball.
Or you could consult your Ouija Board and do the same thing.
Bill Gates does not control the stock price of Microsoft.
2006-06-16 08:00:54 · answer #1 · answered by dredude52 6 · 0⤊ 0⤋
The first reaction to the announcement will probably be negative. But after a while people are going to realize that Bill Gates would never leave the company in bad hands.
He's still going to be around and still have his hand in the pie. He'll still be on the board and available if something needs his attention.
The stock will go down for a while until solid plans are announced for Bill's future. But I don't see why things shouldn't go right back up as soon as Vista is released.
2006-06-15 23:29:45 · answer #2 · answered by PinkPansy 2 · 0⤊ 0⤋
Typical bounce on news of CEO stepping down. The key will be what type of succession planning is in place. This has been his brain since day one, and it wouldn't suprise me to see him make some type of announcement as well that he would return to full-time CEO if he felt the company was going in the wrong direction. He states that it's not about the money, he is looking to help future generations with education. I find it somewhat ironic that this comes from him based on his educational history. However, I'm all for advancing tomorrows scholar. On another note - imagine having $26 Billion. Even if you only get 1% interest per year, it adds up to about $712,000 per day!!!
2006-06-16 01:47:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋
MSFT has been weak for sometime. This will not turn it around.
2006-06-16 00:24:46 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Little change. I don't think it's going to do much to investors. He'll still be a presence there.
2006-06-15 23:29:25 · answer #5 · answered by crutnacker 5 · 0⤊ 0⤋
It will go down.
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2006-06-16 07:07:52 · answer #6 · answered by Anonymous · 0⤊ 0⤋
i dont know what the dude said
2006-06-15 23:22:08 · answer #7 · answered by nice_guy_20_2oo4 2 · 0⤊ 0⤋