Should Microsoft CEO Ballmer Be Fired? (Nasdaq:MSFT)
Hedge fund heavyweight David Einhorn, of Greenlight Capital, is vocally calling for the Microsoft (Nasdaq:MSFT) Board of Directors to fire CEO Steve Ballmer.
Einhorn owns 9 million shares of Microsoft, and believes it is Ballmer's fault that Microsoft carries an ultra-low valuation. After all, under Ballmer's tenure, Microsoft has missed opportunities in tablets, smart-phones, Internet search and cloud computing.
Investors have moved on to technology companies that remain cheap on a valuation basis, but are still at the forefront of the tremendous growth for wireless devices and cloud computing.
Ian Wyatt, of Wyatt Investment Research, is currently recommending a $6 stock that’s about to unleash a revolutionary wireless antenna technology that will save Verizon and AT&T hundreds of millions of dollars in network upgrade costs. In fact, these antennas are so powerful that that they don’t need new cell towers to be built.
"23.3 million people bought an iPhone or iPad handheld wireless device In the first 3 months of 2011," said Wyatt. "And because these devices require lots of bandwidth to bring the Internet right to the user, wireless service providers like Verizon or AT&T have to spend billions to upgrade their networks. That includes adding antennas."
Ian has a $10 target for this stock, but says it could easily rise even more than 65%. If you’re ready, I’ll fill you in on the details right now…simply click here.
