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Microsoft CEO sells $1.3 billion worth of shares
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The following comments relate to this news article:

Microsoft CEO sells $1.3 billion worth of shares

article published on 7 November, 2010

On Friday, Microsoft CEO Steve Ballmer sold $1.3 billion worth of his shares in the company, while downplaying any worries that he was planning to leave the company or had lost faith in its future. The sale will reduce Ballmer's share in the software giant by almost 12 percent. Ballmer also noted that he will sell hundreds of millions worth of more shares by the end of the year as ... [ read the full article ]

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KillerBug
AfterDawn Addict

1 product review
_ 		7. November 2010 @ 01:33 _ Link to this message    Send private message to this user   
He isn't as dumb as Windows Phone 7 might make you believe...oh wait...microsoft stock is about as high as it is going to be at any point in the next two years and he only sold 12% of his stock...he is that dumb.
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xtago
Senior Member
_ 		7. November 2010 @ 06:59 _ Link to this message    Send private message to this user   
well he pobably got all that stock and more for next to nothing or free, so if the share price is $22 that's $22 x 1.2million

if you want free money he's not doing a silly thing.

though he'll just be getting ready for when to board turf's his ass out.
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SomeBozo
Member

2 product reviews
_ 		7. November 2010 @ 14:20 _ Link to this message    Send private message to this user   
Good riddance for Ballmer if/when he leaves, he has really done a miserable job. To see him sell this much stock, he must be anticipating the price to only go down from here, why else sell it? I'm certain he has confidence he will continue to do a piss poor "10% underachieve" for his yearly commitments.
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This message has been edited since posting. Last time this message was edited on 7. November 2010 @ 14:24
DXR88
Senior Member

4 product reviews
_ 		7. November 2010 @ 17:00 _ Link to this message    Send private message to this user   
i see ballmer weaving a golden parchute. after all when you have your head that far up your ass, your coworkers and CEO buddy's are bound to start looking at you funny. not to mentioned next year when Microsoft is in the gutter and bill comes and tosses his ass off the 4th floor.
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adre02
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1 product review
_ 		13. November 2010 @ 11:29 _ Link to this message    Send private message to this user   
My how the mighty have fallen...
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This is superman
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SomeBozo
Member

2 product reviews
_ 		13. November 2010 @ 13:27 _ Link to this message    Send private message to this user   
Originally posted by DXR88:
 i see ballmer weaving a golden parchute. after all when you have your head that far up your ass, your coworkers and CEO buddy's are bound to start looking at you funny. not to mentioned next year when Microsoft is in the gutter and bill comes and tosses his ass off the 4th floor.
It isn't a golden parachute, the stock is his own, golden parachutes would be a bonus package the company gives him which they didn't.

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