Shorts Up Bet Against Microsoft
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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%
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From 247WallSt
Maybe it was Steve Ballmer's comments about a slow start for Vista. Maybe is was the continuing poor performance of Microsoft's (Nasdaq: MSFT) search products. Or, the launch of word processing and spreadsheet software from Google (Nasdaq: GOOG). Perhaps it was the on-going battle with the organization that governs open source operating system Linux. The Linux powers do not want Microsoft to get its hands on Novell's (Nasdaq: NOVL) implementation of the enterprise Linux product.
Whatever it is, the short interest in Microsoft rose 16.3 million shares in March to 94.5 million. The trend of the stock is on the side of the shorts, at least so far this year. The stock is down almost 6%. And, in the pre-market, it is lower again.
Douglas A. McIntyre
For more market insight go to http://www.247wallst.com/
Maybe it was Steve Ballmer's comments about a slow start for Vista. Maybe is was the continuing poor performance of Microsoft's (Nasdaq: MSFT) search products. Or, the launch of word processing and spreadsheet software from Google (Nasdaq: GOOG). Perhaps it was the on-going battle with the organization that governs open source operating system Linux. The Linux powers do not want Microsoft to get its hands on Novell's (Nasdaq: NOVL) implementation of the enterprise Linux product.
Whatever it is, the short interest in Microsoft rose 16.3 million shares in March to 94.5 million. The trend of the stock is on the side of the shorts, at least so far this year. The stock is down almost 6%. And, in the pre-market, it is lower again.
Douglas A. McIntyre
For more market insight go to http://www.247wallst.com/
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