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microsoft chart, end of day may 2, 2006As Microsoft shareholders let out a gigantic sigh that erased $2.8 billion in market cap, the company's stock flirted with its 52-week low of $24.00 during the afternoon. It finally closed just barely above that solid line, at $24.01.

Contributing to the terrible performance and two-and-a-half-times-average volume: the prediction by Gartner that Microsoft's latest and greatest (?) operating system, Vista, might be delayed another three months. According to one Microsoft employee, it's so not true, and Microsoft insists that it will still make the November 2006 (volume license customers) and January 2007 (everybody else) launch dates. Shareholders? Clearly are not drinking the Kool-aid.

Say it with me [long deep breath] ***SIGH***.

Microsoft after the bell 5-02-06: Vista delayed, stock price hits floor originally appeared on BloggingStocks on Tue, 02 May 2006 16:52:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>$24.01after hoursafter the bellAfterHoursAfterTheBellclosing bellclosing priceClosingBellClosingPricemicrosoftmsftmsft closing bellmsft closing priceMsftClosingBellMsftClosingPricevistavista delayvista delayedvista operating systemvista osVistaDelayVistaDelayedVistaOperatingSystemVistaOsTue, 02 May 2006 16:52:00 EST