PC Makers Off Suicide Watch As Vista Sales Rise?
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Microsoft (Nasdaq: MSFT) has already sold 20 million copies of Vista. That is much faster than sales of Windows XP sales in it first month.
The news is good for two parties. The first is obviously Microsoft. After CEO Steve Ballmer said two months ago that Vista sales were just OK, MSFT stock dropped. The stock was over $31 in January. It has fallen to just above $27. The negativism on the shares should begin to disappear.
The balance of the benefit should go to beaten down PC companies and chip manufacturers. At the top of the list would be Dell (Nasdaq: DELL) and AMD (NYSE: AMD). Both are among the most loathed shares of major public companies. And, Intel (Nasdaq: INTC) is not terribly far behind.
The stocks in all four stocks are down this year. Vista may well tow them out of the mud.
Douglas A. McIntyre
For more market insight go to http://www.247wallst.com/
Microsoft (Nasdaq: MSFT) has already sold 20 million copies of Vista. That is much faster than sales of Windows XP sales in it first month.
The news is good for two parties. The first is obviously Microsoft. After CEO Steve Ballmer said two months ago that Vista sales were just OK, MSFT stock dropped. The stock was over $31 in January. It has fallen to just above $27. The negativism on the shares should begin to disappear.
The balance of the benefit should go to beaten down PC companies and chip manufacturers. At the top of the list would be Dell (Nasdaq: DELL) and AMD (NYSE: AMD). Both are among the most loathed shares of major public companies. And, Intel (Nasdaq: INTC) is not terribly far behind.
The stocks in all four stocks are down this year. Vista may well tow them out of the mud.
Douglas A. McIntyre
For more market insight go to http://www.247wallst.com/
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