Investing
Is Microsoft Selling T-M-T Portfolio? (MSFT, CMCSA, T, S, BBY)
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Microsoft Corp. (NASDAQ: MSFT) used to be a huge investor in telecom, media, and technology companies. A recent SEC filing shows that Microsoft no longer holds its previous stake reported in Comcast Corp. (NASDAQ: CMCSA).
The filing shows that the 150.9 million share stake has now been sold. This stake was taken in June 1997. Below are some of theother larger investments that the company has made:
- AT&T Inc. (NYSE: T);
- Sprint Nextel (NYSE: S) via Nextel inMay 1999;
- Best Buy (NYSE: BBY) in December 1999.
Here is a link to the page showing Microsoft’s full list and history of investments.
We are not sure if Microsoft is in the process of a jettisoning of allof its prior strategic investments But time has a way ofdwindling the strategic investments from the opportunistic ones.
Jon C. Ogg
January 20, 2009
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