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Microsoft Corporation Message Board

  • wottowwottow wottowwottow Oct 3, 2013 12:00 PM Flag

    It Wasn't Supposed to Be Like This for Bill Gates

    Google it.


    "NEW YORK (TheStreet) -- It's kind of shocking to me that activist investor ValueAct and two other large Microsoft (MSFT_) investors are pushing for Bill Gates to step down from the board, according to a Reuters report.

    "This is the guy who started Microsoft. He's the richest man in the world.

    "On the one hand, Wall Street has long believed that Microsoft is bloated and due for a major restructuring. It has pleaded its case in vain to Steve Ballmer for years.

    "Microsoft has underperformed the Nasdaq for 15 years now. Over that time, the Nasdaq is up 133% while Microsoft is up 28%.

    "That's frustrating for many investors, especially when you consider that IBM (IBM_) is up more than 170% over the same period.

    "At long last, activists have the upper hand with Microsoft. They've already forced out Steve Ballmer, which the board preferred to facing a proxy battle. And, now, they are going after Gates.

    "I expect Gates to stand firm and tell them to go pound sand. And this will probably be enough to stave them off.

    "That said, Gates has only himself to blame for the Microsoft's current mess...."

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