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Author Topic: DiscreetFX Platform Shift  (Read 17182 times)

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Offline vidarh

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Re: DiscreetFX Platform Shift
« on: November 06, 2010, 08:10:34 AM »
Quote from: Transition;589807
Even Steve Ballmer himself lacks faith in MS and is selling 75 millions shares.

http://news.cnet.com/8301-10805_3-20022007-75.html?tag=cnetRiver


... or he just wants to actually have some cash to spend. Execs selling shares is normal. Gates has been selling Microsoft shares on a schedule "forever" for example. Otherwise, what'd be the point of getting the shares in the first place?

Being rich on paper is well and good, but it doesn't buy you anything.
 

Offline vidarh

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Re: DiscreetFX Platform Shift
« Reply #1 on: November 06, 2010, 10:10:09 AM »
Quote from: Pyromania;589823
Your point is understood but is selling 2 billion dollars worth of shares sound normal? That's a lot of money.


Compared to his total shareholdings it's a large amount, but certainly not unheard of. He's selling off less than 20% of his shares as far as I can tell.

Note that I'm not saying it's not possible that he's "lost faith" - could very well be.  Just saying you can't read too much into sales like this, as anyone sane will diversify if they have billions locked up in shares of a single company.

Now, if there's a wider trend of sales amongst Microsoft management (I don't know either way - I don't pay much attention to MS), then it's worth taking notice.