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Microsoft's Stock Stirs from Years of Slumber





Yes, all of a sudden, people are taking a fresh look at Microsoft. This is good.

From Seattle Times:

After steadily losing value this year and hovering around $26 for three years, the stock abruptly rose 6 percent after a rousing financial-analyst meeting July 28 in Redmond, where Chief Executive Steve Ballmer lectured investors on how they're overlooking the company's potential.

Analysts responded by issuing mostly favorable reports and increasing their average estimate of the company's fiscal-year sales.

Not all analysts were convinced, and it remains to be seen whether the gains will survive what could be a modest performance in the current quarter. But for now, the company is enjoying a newfound respect and a faint taste of former glory.

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