An investor putting $100,000 into both stocks 10 years ago would now have about $143,000 in IBM stock and about $69,000 in Microsoft stock.
Bill Rigby, Reuters story “IBM passes Microsoft’s market cap after 15 years”
I just didn’t know what to do with this great quote. I at first thought to write my own story at Betanews and credit Reuters. But Yahoo Finance actually shows Microsoft capitalization higher than IBM, which likely occurred after Bill’s story posted. The point: Microsoft is a lousy investment¬that I wouldn’t know from personal experience. Because of conflict of interest, I own no stocks.
Do you have a story about a public company that you’d like told? Please email Joe Wilcox: oddlytogether at gmail dot com.
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