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corwin
User Ranking
Monday February 14, 2011 9:15:54 PM
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Phil - I would not say that both companies have lost momentum in the mobile space, Nokia has, Microsoft never had it.  That said, sticking two also-rans together does not make a substantial competitor.  The tech/telco world is littered with companies formed by the "we're sinking, quick, get married" motivation.  It rarely works - witness ALU.

 

Michelle Donegan
User Ranking
Monday February 14, 2011 11:56:45 AM
no ratings

At the event last night, he wouldn't specify how much he still holds, but said he had a minority of his original holding. He had to stop selling his Microsoft shares once talks between the two companies got underway. 

 

Phil Harvey
User Ranking
Monday February 14, 2011 11:45:40 AM
no ratings

He should remind us all how many shares he does still own, just as a matter of course.

I don't see Elop as a trojan horse at all. He's banding together two companies who have lost momentum in the mobile space so they might be a stronger fighting force against Google, Apple and common sense.

ph

Michelle Donegan
User Ranking
Monday February 14, 2011 11:37:56 AM
no ratings

Indeed! 

He also tried to clear up a couple of other things: for one, he is not a Trojan Horse. Also, he said he's not the 7th largest shareholder in Microsoft. "That would be a very substantial sum of money which I don't have," he said.

Just in case anyone wondered about that.

 

Phil Harvey
User Ranking
Monday February 14, 2011 10:34:12 AM
no ratings

They cynics are saying that Elop's theatrical presentation also allowed him to keep his back to shareholders longer than normal.

Just saying.

ph



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