3% plus move cause some activist fund whom stated they won't try to affect Soty's strategy
Not some much of an activist fund manager. Come on now, it's silly. He made a big bet on Softy is all. Many manages make big bets. That was a foolish and misinformed bounce.
Worse is the activist stated he "will not do any public campaigning to affect Microsoft's strategy." So basically he's just another long in Softy.
What's even scarier is he stated to his audience about how they should make Office available on iPads. On the surface it sounds good but he clearly doesn't have clue of just how the technology works and that it goes directly against what Softy is trying to accomplish now. I wouldn't put a dime in because of his thesis and people are coming to realize this. It going back down. You had you chance now be wise and lock those profits or watch them fade away.