Feeds

Ballmer says some stock (not his) dramatically overvalued

And AOL's nearly not a competitor after all...

  • alert
  • submit to reddit

3 Big data security analytics techniques

A year on from knocking five per cent off Microsoft's price through careless talk about overvalued stock, Steve Ballmer has returned to the fray by describing some companies as "dramatically overvalued." But don't hit the phones - last time he blurted that this included Microsoft, but this time around he left his own company out.

Overall Ballmer thinks the stock market "is now very rational," but he didn't express a view on Microsoft's price. Although last week's results cheered up the analysts a little, Microsoft still needs a more convincing and sustained rise to keep the show properly on the road. Ballmer didn't say who he thought was overvalued, but last week he did make some sour remarks about Sun...

Steve, who's whizzing round Europe again, seems to be on form, commenting on this, that and the next thing. Yesterday in Milan he told journalists that he'd welcome the US giving the go-ahead for an AOL-Time Warner merger, because this would turn AOL into a 'US media company,' rather than a "global supplier of core Internet services."

The AOL he's talking about here may or may not be related to the AOL that 'proved' Microsoft had competition by taking over Netscape. One might surmise that as Steve's rooting for the Time Warner deal, AOL is now deemed unnecessary as a competitor by Microsoft. You might wonder how come AOL getting larger could possibly make it less of a competitor, but you can kind of see what Ballmer means. If AOL's focus shifts to the US domestic market and it gets more immersed in TV, its attention might lessen elsewhere.

But although Steve seems not to have noticed it, that goes for Microsoft too. The company is currently poised to mount a big push for MSN largely in, er, the US domestic market, and Disney's Michael Eisner is said to be backing it. Steve's focus is such that he told the WSJ earlier that he thought MSN had passed Yahoo as Europe's top portal (he must dimly remember the massaged figures) but that he'd have to check.

Today Ballmer's speaking at a WSJ sponsored conference in Paris, and by a happy coincidence the WSJ interviewed him over the weekend. His views on EU Competition Commissioner Mario Monti were amusingly guarded. "He's a politician who has a job to do and we certainly respect his doing his job," he swerved. Monti's interpretation of his job, when we last noticed, was to conclude that there was evidence of anticompetitive activities by Microsoft, and he was also recently spotted trying to get his powers enhanced so he could levy even bigger fines on offenders, and break them up.

Possibly not a man to offend then, Steve? But you'll have to do better than this: "We feel 100 per cent certain that we have behaved in accordance with (European) law. We think the statement of objections is largely motivated by and comes from (Sun Microsystems), one of our competitors..." Monti may not be 100 per cent flattered by the apparent allegation that his statement of objections was produced by Sun puppetmasters... ®

Related Story

String him up! Market applauds Ballmer stock intervention

SANS - Survey on application security programs

More from The Register

next story
Android engineer: We DIDN'T copy Apple OR follow Samsung's orders
Veep testifies for Samsung during Apple patent trial
This time it's 'Personal': new Office 365 sub covers just two devices
Redmond also brings Office into Google's back yard
Batten down the hatches, Ubuntu 14.04 LTS due in TWO DAYS
Admins dab straining server brows in advance of Trusty Tahr's long-term support landing
Microsoft lobs pre-release Windows Phone 8.1 at devs who dare
App makers can load it before anyone else, but if they do they're stuck with it
Half of Twitter's 'active users' are SILENT STALKERS
Nearly 50% have NEVER tweeted a word
Windows XP still has 27 per cent market share on its deathbed
Windows 7 making some gains on XP Death Day
Internet-of-stuff startup dumps NoSQL for ... SQL?
NoSQL taste great at first but lacks proper nutrients, says startup cloud whiz
Windows 8.1, which you probably haven't upgraded to yet, ALREADY OBSOLETE
Pre-Update versions of new Windows version will no longer support patches
Microsoft TIER SMEAR changes app prices whether devs ask or not
Some go up, some go down, Redmond goes silent
Red Hat to ship RHEL 7 release candidate with a taste of container tech
Grab 'near-final' version of next Enterprise Linux next week
prev story

Whitepapers

Designing a defence for mobile apps
In this whitepaper learn the various considerations for defending mobile applications; from the mobile application architecture itself to the myriad testing technologies needed to properly assess mobile applications risk.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.