Sunday, May 15, 2011

Ballmer: Time to Go

It is always sad when a CEO stays too long.  Ask someone who witnessed the last days of Peter Grace at W.R. Grace.or Richard Fuld at Lehman.  That is what we are witnessing at Microsoft.  Gates' buddy and long-time CEO Steve Ballmer has stayed long beyond his usefulness.  While Apple shares continue to set records, MSFT is about where it was in 2,000.

And after squandering $6 billion of shareholders' money on aQuantive, and attempting to buy even more of Yahoo, MSFT is offering $8.5 billion for Skype.  How is MSFT going to get a return on that?  Answer : they don't know.  Ballmer is flailing around looking for something that can help.

Steve, you are now acting like a crazy man.  Time for you to leave.  Resign.

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