Re:Microsoft CEO Steve Ballmer to retire within 12 months
by at-fates-hands on Friday August 23, 2013 @11:06AM
(#6264039)
>>>A MSFT share was worth about $35 dollars when Ballmer took over
This is incorrect.
In December of 1999 the shares were selling around $58/share. Even in March after he took over the stock still hovered around $53/share. By May, the price had crashed to around $30/share - which coincides with the first dot com bubble bursting.
This is incorrect.
In December of 1999 the shares were selling around $58/share. Even in March after he took over the stock still hovered around $53/share. By May, the price had crashed to around $30/share - which coincides with the first dot com bubble bursting.