Clarence - 5:07 am on Jul 21, 2013 (gmt 0)
Google loss $24 billion on early earning release that didn't meet analysis expectation. Google that "Google's catastrophic $24 billion loss"! They loss so much that had to stop trading.
Microsoft price's over 10 year is stable because of a 2 for 1 stock splits. Google that!
And Don't forget Microsoft's Quarterly Dividend payments over that ten years! Google that!
Microsoft book value, plus low p/e,is higher then it's current price, meaning the stock is cheaper then the value of the companies cash and assets "for now". Google that!
The company didn't miss earning, just analyst expectations which were pretty high. The company made more money then last year, and is still sitting on tons of cash, with tons of new business.
People are emotional, and love doom and gloom! Great, Smart investor take advantage of it, like I took advantage of buying stock during the market crash caused by the housing bubble.
Once the media hype is gone, all the fearful "investors" scramble and sell for cheap price's, the real investor will push the price back up to equilibrium. take advantage of the fools selling short!
I'm buying "again".