The Cody Word
  • June 20, 2008 09:58 AM EDT by Cody Willard

    I Give Up Because Ballmer Gives Up: "MSFT - We Don't Have to Dominate"

    I've been a bit of a Steve Ballmer apologist since I first turned bullish on Softee back in May of 2006. I mean, I've called the guy out for the Zune disaster from the start and what not...but I figure anybody who's built the most powerful and valuable company on the planet probably knows what the hell he's doing at the end of the day.

    But then today I see the quote from Mr. Ballmer in the FT, and I think I now have to officially join the chorus calling for Ballmer to step down from the reigns. The quote:

    "We don't have to dominate, but we'd better have a darn good chunk of the search market over time, and we're working away at it."

    Uh, Mr. Ballmer, that's not exactly the "Only the Paranoid" survive kind of attitude that Intel and Microsoft (MSFT) were truly built upon.

    As Hal Varian details in that great business tech book, Information Rules, that's one of the books I use to teach Revolutionomics at Seton Hall, you often do have to dominate if you want to survive at all in technology.

    Stick with MSFT the stock regardless...but let's get someone who actually wants to win in place at the top of Microsoft please.

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about this blog

  • Cody Willard is an anchor on the FOX Business Network. Willard is also the principal of an investment management company. He was a long-time featured columnist for the Financial Times and TheStreet.com as well as a regular featured economist and stock picker on CNBC's ''Kudlow & Company."

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