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It's worth remembering what happened to Microsoft after it was hit with anti-trust action: https://www.seattletimes.com/business/microsoft/long-antitrust-saga-e
by TAForObvReasons 9y ago
It's worth remembering what happened to Microsoft after it was hit with anti-trust action: https://www.seattletimes.com/business/microsoft/long-antitrust-saga-ends-for-microsoft/ https://www.seattletimes.com/business/microsoft/long-antitru...
The stock was literally dead money for decades and the ramifications are clear. The recent selling pressure is driven to an extent by memories of Microsoft and the financial impact. The stock is in no meaningful sense a bargain.
- ghaff 9y agoMicrosoft's stagnation had far more to do with their failure in mobile and the fact that their operating system and Office markets (where essentially all their money came from) were stagnant to declining. Oh, and all the cool new development (a traditional Microsoft strength) was happening on other platforms. But they finally got a credible cloud strategy together which recognized today's realities which is why their stock is doing better. I won't say anti-trust had no impact but they had more fundamental problems.
- TAForObvReasons 9y ago> “Since the antitrust suit, they have become much more cautious and much less aggressive,” said Michael Cusumano, a professor at MIT Sloan School of Management, who just wrote about Microsoft in the book “Staying Power.” > “They’re afraid, it seems. Whether it’s antitrust in U.S. or in Europe, they seem to be slowly reacting to the world around them, rather than trying to get in there fast." Certainly some academics would nontrivially attribute the strategic moves to anti-trust-related conservatism