Microsoft: Shorts Keep A Strong Bet
Tweet
Share
E-mailGet Alerts MSFT Hot Sheet
Price: $390.49 +1.62%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
EPS Growth %: +16.2%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.9%
EPS Growth %: +16.2%
Join SI Premium – FREE
From 247WallSt
Shares short in Microsoft (Nasdaq: MSFT) rose 4.3 million to 98.8 million in April. It may be that the concerns about Vista will be worth the bet. The stock was over $31 early in the year, but comments by Steve Ballmer to the effect that Vista sales were fine but not explosive took the shares down to below $27.
With its stock still below $29, MSFT has to demonstrate that Vista is beginnning to help its large OS and server software businesses. Results from its internet unit are likely to be poor. MSN continues to fall behind in search. Xbox figures should be good, but the numbers are not enough to have much weight against the overall topline.
Without a decent showing in software sales and strong guidance based on Vista, the shorts may have a good pay day.
Douglas A. McInytyre
For more market insight go to http://www.247wallst.com/
Shares short in Microsoft (Nasdaq: MSFT) rose 4.3 million to 98.8 million in April. It may be that the concerns about Vista will be worth the bet. The stock was over $31 early in the year, but comments by Steve Ballmer to the effect that Vista sales were fine but not explosive took the shares down to below $27.
With its stock still below $29, MSFT has to demonstrate that Vista is beginnning to help its large OS and server software businesses. Results from its internet unit are likely to be poor. MSN continues to fall behind in search. Xbox figures should be good, but the numbers are not enough to have much weight against the overall topline.
Without a decent showing in software sales and strong guidance based on Vista, the shorts may have a good pay day.
Douglas A. McInytyre
For more market insight go to http://www.247wallst.com/
You May Also Be Interested In
- Microsoft is planning to merge its consumer and enterprise Copilot chatbots in August - The Information
- Tesla Q2 deliveries crush forecasts at 480,126, erasing backlog concerns
- Domino's stock near 52-week low, down 45% from peak ahead of Q2 earnings
Create E-mail Alert Related Categories
ContributorsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
