Feeds

Analyst ups MS stock, apparently forgetting verdict's due

Premature prediction? Anyways, the suck... er... investors seem to be buying

  • alert
  • submit to reddit

Security and trust: The backbone of doing business over the internet

The latest news from Rosswell is first, that "influential" Goldman Sachs analyst Rick Sherlund today said the onset of a quiet period in the trial may allow Microsoft stock to recover lost ground, and second, that the stock price promptly kicked upwards. Consequently we at The Register have started idly musing about the viability of something called, say, goldfish.com* as a source of stock tips.

Difficulty number one with Rick's pronouncements is surely that we're not quite at the quiet news period. Microsoft itself ostensibly believes that the judge could pull the trigger today or tomorrow, while our very own Graham Lea, whenever we take out the gag and remove the straightjacket, is fixed on somewhere around 22 June for the next dose of bad news.

Sure, nothing bad will actually happen to Microsoft immediately after the judge speaks, but that was the case after the mediation talks broke down as well, yet the stock nosedived the following Monday. Which brings us to difficulty number two. Immediately prior to the collapse of the mediation, one Rick Sherlund of Gold in Sacks, after a Microsoft analyst briefing, made confident noises about the talks' prospects of success. And the stock price kicked up, swiftly followed by Judge Posner's 1 April Saturday afternoon massacre.

Since then Rick has downgraded Microsoft, and warned that a breakup could hurt the stock. But now he has the stock rated at outperform, although he says the company's business is still sluggish. Well, we'll see about that - but what do we know? ®

*Unfortunately, goldfish.com is already a dull credit card site. So is carp.com, which when you think about it is even better for an investor site with attitude. Owned by some fishing outfit in Georgia that isn't even using it...

New hybrid storage solutions

More from The Register

next story
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.