Investor Wants Microsoft CEO Steve Ballmer To Quit
28 May, 2011, 10:22 am IST | by
tech2 News Staff
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David Einhorn, who is a hedge manager at Greenlight Capital, has asked that Steve Ballmer step down and let someone else take over the reins.
 Why so serious? Image Source: latimes
Speaking at the annual Ira Sohn Investment Research Conference, David said “Give someone else a chance. His continued presence is the biggest overhang on Microsoft's stock". One probable reason for the comment is the current value of Microsoft stock. An investor who purchased $100,000 worth of Microsoft in 2000 would now be worth only $69,000.
Via: Reuters |
Tags: Microsoft , Steve Ballmer , CEO , Stocks , Greenlight Capital , Apple , IBM
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