Users who Dugg This
Janine Wallace
4729 Followers
Comgen & Dr. Socks' love child
12547 Followers
Jim Taylor
5733 Followers
Venkadesan Akilan
321 Followers
subatomicdoc
2537 Followers
subatomicdocNov 6, 2010
That's telegraphing your next move on a grand scale.
retroscifigeekNov 6, 2010
Mr. Balmer can you adopt me please?
notyavgkatNov 6, 2010
must be nice
alienmushroomNov 6, 2010
And buy AAPL?
adrianc1982Nov 6, 2010
this is a great hit for MS stock, good luck shareholders.
rbrodkinNov 6, 2010
Jump ship! Jump ship!
chrisfujiiNov 6, 2010
Financial diversification... I wonder where he's going to invest now.
johnnysoftwareNov 6, 2010
That is a sizable percentage of his holdings.
johnnysoftwareNov 6, 2010
Well, two other interesting events that recently happened are worth noting because they are in some way at least related.
One is that Microsoft announced IT is buying back its Microsoft stocks to help pump the price up. The other is that Microsoft did not have enough money in US dollars to do the buyback since it has sent its cash overseas. So, it is borrowing the US dollars needed to do the buyback. The amount it is borrowing to do this buyback is huge.
Put that together with its chief, Ballmer, selling a sixth of his shares and it creates an interesting picture.
seobroNov 6, 2010
Yeah right, I believe a better investment is a slice of apple pie.
cctvinlucknowNov 7, 2010
http://cctvinlucknow.blogspot.com
addiktionNov 7, 2010
These investments will likely be outside toxic US dollars and invested in commodities and other stronger currencies I'm guessing. Smart people are doing that now to protect their investments so you probably can't fault Ballmer not wanting his cash to lose value from inflation. I guess insider sell offs are hitting some all time highs I've heard so its not really surprising to see it happen but publicly announcing it seems odd.
MarcKNov 8, 2010
I bet he wants a new boat