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Senior Editor

Ballmer: The voice of calm?

May 03, 20061 min
Data Center

OK, when Steve Ballmer is the voice of calm in your organization, you may have some issues.

Such was the case last Friday in Redmond when Microsofties scoured their computers for the Panic button after company stock took a tumble from $27 to $24 a share in one day – its largest slide this year.

After employees ran around the office screaming, “Sell! Sell!”, Ballmer issued a memo noting that the move to increase capital spending by $2 billion was necessary, what with Xbox manufacturing, prep for Vista and Office 2007, and what have you.

Read more here.

Via The Register