This is the same company that reported strong cell-phone order numbers on the surface last year this time and then managed to come out about a quarter later and say there was too much inventory out there.
More Quotes from Alex Vallecillo:
I find it a little bit comical that Microsoft is going with the lower number, which I applaud, and yet the analysts still want to stick to the see no evil, hear no evil, speak no evil, higher pro forma number.Alex Vallecillo
AMD should keep flash memory for the diversification benefits of it. Flash memory gives AMD something to talk about when the microprocessors results are weak.
Alex Vallecillo
It's good that management is not going into a shell and saying they want to preserve cash for the rainiest of rainy days since it is already rainy.
Alex Vallecillo
It's profit taking. The market loves to do that. Good news hits the tape and investors sell into it.
Alex Vallecillo
People were too optimistic. This stock will experience some weakness like the others have in recent weeks.
Alex Vallecillo
The growth outlook for Microsoft is very muted. To a large extent it's unexciting. They've been paddling really hard to create new avenues of growth but they're limited by the personal computer side of their business.
Alex Vallecillo
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