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financenanc
04-28-2006, 07:00 PM
I wonder how far down it's going to fall before people start buying?

The most movement this stock has seen in years.

clavocat
04-28-2006, 07:18 PM
i told my dad to sell it about 2 days ago...thank god he did, down alot lately, ouch!

Will
04-28-2006, 07:35 PM
It would have been nice to sell 2 days ago for sure. But I was definitely a buyer today. It may have been smarter to wait a week or so, but I really feel like this was a major overreaction. Plus, noone in their right mind would open a short position at this level.

Vista wasn't ready so they missed by 4 cents. They still boasted double digit revenue growth. I, for one, am glad they are spending 2 billion next year on the company. What else are they going to with 37 Billion in free cash?

They have said operating expenses will increase dramatically, lowered guidance, Vista didn't ship, etc.

The main point is all of this stuff is priced in now. Value investors are licking their lips right now.

Lou
04-28-2006, 07:48 PM
I totally agree with Will. Watch Mr Softy six months to a year from now when all their products are out....I do think its time for Bill Gates to step aside though and take a mini vacation like Steve Jobs did.