Goldman: Redmond No Gold Mine -- Redmondmag.com

Barney's Blog

Goldman: Redmond No Gold Mine

Back in 1986 if my feeble aging mind is right, Goldman Sachs took Microsoft public with an opening price of $21 a share (it was supposed to be $19, but all the excitement led to a higher opening). Afterwards, no one knew Microsoft better than Sachs and its lead analyst Rick Sherlund, an amazingly smart, honest and accessible guy.

Twenty-four years later Goldman Sachs is turning its back on the stock it launched, warning not to expect shares to rise, mainly because of problems in the mobile space and pressure on PCs from tablets such as the iPad.

Posted by Doug Barney on 12/17/2010 at 1:18 PM

Featured

Choosing the Right SSID for Your Network

Attracting attention, whether through a default or funny Wi-Fi name, could lead to a security issue.
Microsoft Outlines Latest Security Efforts at Ignite

In the wake of last year's CrowdStrike incident, Microsoft has worked to publicly rehabilitate its security image through new initiatives and public commitments to improve. That push continued this week at Ignite, where Microsoft announced a handful of new security tools and updates.
Nadella on Copilot: 'Major Platform Shifts Are in the Air'

As should be no surprise, Copilot took center stage during Microsoft CEO Satya Nadella's keynote speech to open Microsoft Ignite 2024.
Azure AI Foundry Revealed at Microsoft Ignite

Microsoft is consolidating its Azure generative AI tools into a unified platform named Azure AI Foundry.
Microsoft Bolsters Fabric at Ignite

While Fabric has improved in the year since its release, there are still some glaring issues with the platform.