More of the Same for Microsoft Stock?
The announcement that Microsoft (MSFT) Chairman Bill Gates will extricate himself from his role as the giant's chief software architect by 2008 didn't do much for its languishing stock price. The stock closed 3 cents higher, at $22.10, on June 16. Just a few days earlier, on June 13, it brushed a 52-week low of $21.46. Microsoft must be used to it by now: Adjusted for splits, the stock has been stuck in the $20 to $30 range since early 2002.
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