Bill Gates Hates Microsoft Stock! I think I know why....
February 19, 2009
– Comments (8) |
RELATED TICKERS: RSG
, MSFT
Gates is dumping his Microsoft with wild abandon. I am not a computer geek, but I think I know why.
Take a Gander here:
http://www.secform4.com/insider-trading/789019.htm
http://www.insidercow.com/
Of note, the richest man in the world does like:
REPUBLIC SERVICES, INC. RSG
http://www.secform4.com/insider-trading/902012.htm
Some Fool might be wise to shadow or investigate Gate's new love of RSG? Si or No?
Now, why does Bill hate Mircosoft?
My guess is:
1. The Best Free Software of 2009
Free! Free! Free!
2. OpenOffice.org: 7 Things You Didn't Know You Could Do
" OpenOffice.org 3.0 costs absolutely nothing but comes closer than anything else to letting you delete your copy of Microsoft Office (which probably cost you a lot). Even though OpenOffice.org—which is, yes, an application suite, not just a Web site—can't do everything Office can, it can do a lot, and it has some of its own tricks that even Office can't manage. Here are a few that may not be obvious, as well as a few ways to make OpenOffice.org less annoying out of the box."
Free! Free! Free!
3. Plus, MSFT CEO Balmer is no optimist:
Ballmer likens economy to depressions of 1837, 1873, and 1929 Feb 06, 2009
Microsoft Chief Executive Steve Ballmer sketched a dire portrait of the world economy on Friday, likening it to market conditions in 1837, 1873, and 1929, each of which involved bank failures, high unemployment, and a depression.
"This is a once-in-a-lifetime economic crisis," Ballmer told a retreat of House Democrats in Williamsburg, Va. "There is a lot of history around that, and frankly if you stop and think about it, 1837, '73, '29, 2008, it's almost exactly a whole lifetime between each of the major economic difficulties that we face."
Ballmer said that economic growth in the last 25 years was fueled by innovation, globalization, and debt--and that the current levels of debt were unsustainable. "In 1929, for example, just before the stock market crash, the private debt-to-GDP ratio was 160 percent," he said. "Last year, private sector debt as a percentage of the GDP: 300 percent, far more leverage."
Microsoft CEO Steve Ballmer: "This is a once-in-a-lifetime economic crisis.
"In my view, what we now have will be a fundamental economic reset," he said. "The economy is going to have to re-establish itself at a level of spending that reflects the real value of underlying assets before we can all start growing again at a healthy rate."
"PC sales (are) discretionary in most home budgets, the second, the third PC," Ballmer said, adding that Microsoft nevertheless will continue to spend more than $9 billion a year in R&D. "Consumer electronics has that characteristic. Fifty percent of capital spending in this country is on information technology. Less capital, less spend on information technology. No sector will be immune."
Microsoft shares have fallen by about half since the fall of 2007, a steeper fall than the Dow Jones index but in line with the tech-centric Nasdaq.
http://news.cnet.com/8301-13578_3-10158959-38.html
4. Linux is also Free! Free!
5. I should mention, no one outside of the US pays for MS Office, they just make copies.
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