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heruamon said:
Spankey said:
spartan117 said:
Microsoft stocks went 2% up today, so I don't think this stuff is true....

 

Didn't Sony's stock price rise 2.7% just after they announced their cuts?

 

 

Cuts might boost stock prices, but M$ is extremely profitable, and mssive layoffs play havocwith morale...so it's a double edge sword.  Given that M$ is fighting like crazy against Google for search, a list of competitors for internet portal, and others forgamig, along with the global slowdown,  you don't want people looking over their shoulders for keeping their livelyhood.

oh no doubt.

It would be interesting to see though how much of this rise was due to traders acting on this rumor.

Remember the jump in the NSE after the rumor was leaked that Barak Obama was going to ask that former NSE head to be an advisor?

Rumor can play a big part in trading

 



Proud Sony Rear Admiral