Forget about growth...the dividend plus a low PE make this an unbelievable buy right here. I figure you have 1-2 points at most on the downside from here. Remember that expectations are already low - the perfect combo for a rally on any news at all.
I can understand why all stocks are down, but for this stock to go down as if they just missed earnings seems ridiculous. I would imagine a miss or lower guidance is already baked in. Does everyone really think there is more downside to a company that microsoft or oracle would love to bag?
Insider sold over 25M shares of Microsoft this month at 52-54. Do you really think this stock is worth 33x PE and a 450 Billion Market cap? Soon it will be valued as big as Apple and it doesn't even have close to the same cash flow and profitability. Wake up and get out of this stock before it retraces back to 45. This company is priced higher then when it was a monopoly - what a joke. I feel really bad for those who actually own the stock thinking this is a great long term investment.