Microsoft is a core holding for me. It’s the #1 position in my main brokerage account and about 7% of my retirement account. A little bit of history. I held Microsoft through some flat years 2003-2013 or so. In 2014, Satya Nadella came in as CEO and brought MSFT back as a growth stock. Since (more…)
I bought a chunk of Microsoft (MSFT) stock at $25. At the time, my thinking was “why does MSFT have a PE below 10”? While a stock like AAPL is priced for perfection (which they keep delivering), at a 10 PE Microsoft was priced for mediocrity… and it’s been treading water it has for the (more…)
In the you have got to be kidding me department, Ballmer admits that he screwed up Windows Mobile. Or how about I rephrase that he blasts the team. Sorry, but Ballmer this is two, count them, two major f***k ups under your tenure. The first was Vista, and now it appears the second is Windows (more…)
This Yahoo deal confirms a suspicion I have been holding for quite a while now. Microsoft is spreading itself too thin. Think hard about this, here are the competitors to Microsoft’s business: Google: Online, search, email, cloud computing IBM: Server software HP: Server software Oracle: Database and business software SAP: Business software Apple: Desktop and (more…)
“Is now the time to jump into MSFT now that it is trading above its 30 day MA?” That was the question presented to me recently.
Before I go into the answer I wanted to take a moment to introduce myself. I am a regular poster over at HipEgg. On that site I post under the pen name Jym Khana. My real name is Kevin Hamrick and I have been involved in investing for, well, many years. I even spent a very little time working for a couple of the big brokerage facilities. Regardless of that fact, everything I am presenting is only my opinion. I am no longer working with or for any financial institution and if I post on a stock that I own I will make that clear. In this case, I don’t own any MSFT stock.
Last week, we were watching Microsoft’s stock and hoping it could break through the resistance level at $24. If it did that, the stock was set for a nice break into the mid-to-high twenties. Instead, the stock dropped along with the general market and tech sectors. Closing price yesterday was around $22.50.
Earlier today I sold my 100 shares of Microsoft (MSFT) at $23. Truth be told, I should have unloaded the shares a couple of weeks ago. Overall though, I’m still happy with how I’ve been trading this and looking forward to buying back in when goes on the upswing. Below is a brief history of my investments in MSFT.
Originally I bought 25 shares to start a position because I thought (and still do) that the company has a bright future once Vista is released and their online Live component gains some traction.
I kept my initial purchase to 25 because I was a little unsure of the short term outlook for MSFT leading into the quarter. I bought my first shares right after the last Vista delay, and it seemed that more bad news could be coming. Lo-and-behold… Microsoft announces a lack-luster quarter, states that margins on their operating systems and Office software can be expected to shrink in the future, and (perhaps worst of all) declares their intention to spend a little more than $2 Billion to beef up their online services and Xbox segments among others. Well, investors were not to pleased with this.
I still own a few shares of GOOG. It’s felt overpriced recently, but I’m holding onto a minimal amount at all times and trying to add more over time. So I’m hoping the price drops a bunch so I can pick up more cheaply. Do a search here for GOOG for my previous thoughts (years (more…)
Disclosure: I had a Microsoft position which I unloaded at a slight profit due to the fact that I have lost complete faith in the current management of Microsoft. I was surfing the web and every now and then I like to check the website MSDN.Microsoft.com. I check it out because I write .NET code, (more…)
Here is an email exchange I had with my step father. Note: my mother works as a Bed Bath and Beyond store manager.
Original email back in November:
BBBY is down to 29.5 your thoughts?
-Kevin (11/26/2007)
And then my response:
