MSFT is the new GM
I am home sick today, so what do i do with my time?
IM with our crack analyst Charlie about his decision to sell his GM stock after he left GM to join us, of course.
That led to a little fun with Yahoo charts which in turn led to Charlie's blog post on the subject.
His post is great, so I won't add anything to it other than a larger view of the chart.
His is too small for my 43 year old eyes.
this is "the fallacy of coincidence".
GM is at a competitive disadvantage vs. Toyota and Honda on a number of levels: productivity, pension contributions, health care contributions. all other things being equal, it is at a structural cost disadvantage, in large part due to US health care policies.
MS is in a dominant position in their market and at a competitive disadvantage to noone. Perhaps you can argue that Google is structurally changing the market (so that software such as MS sells can no longer BE sold). Somehow I don't think this is your argument.
Posted by: bruce b. | March 16, 2005 at 02:28 PM