Linked by fran on Tue 30th Nov 2010 10:38 UTC
Microsoft "Microsoft is one of the big stock-market success stories - or at least it used to be. The company has got thousands of people rich, through employee stock options or just through smart investing. But with stock under $30, the same place it was 10 years ago, what if Microsoft went private? That was the question posed this morning by Seattle Times columnist Brier Dudley. 'Sure, in the back of people's minds. We've thought about it,' Bill Koefoed, Microsoft's general manager of investor relations, told the Seattle Times."
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Out of context
by Eddyspeeder on Tue 30th Nov 2010 11:49 UTC
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This article just screams "taking a quote out of context and dragging it beyond its meaning".

You have to click one link further to get the full article:

The full quote is: "'Sure, in the back of people's minds. We've thought about it,' he said."

So it was never discussed, it was never on the table, it was never seriously considered. What Bill Koefoed merely said is that it has crossed the minds of individuals, as I am sure have tons of other scenarios. The "going private" scenario was probably dismissed as quickly as it popped into their heads, because how do you explain to all your dedicated employees: "Yes, we KNOW we have given you shares as part of your pay each year, including this year, but we are taking them away from you now because we need to downsize to 300 shareholders."

Microsoft can't afford the motivational dip that it will cause. And that is what makes the foundation of this article utter trash. Brier Dudley (see link) makes an interesting analysis of the context in which (large!) businesses go private, but cut the sensationalism!

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