Michael McDonald, a longtime Microsoft investor, will be attending his first Microsoft shareholders meeting Wednesday morning. In advance of the event, he shared these opinions.
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On election eve, November 2000, I purchased 100,000 shares of MSFT at a split-adjusted, average price of $36 per share for a total cost of $3.6 million.
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In these last eight years, I have witnessed an appalling decline in shareholder value of this extraordinary business enterprise. My personal shareholder value has been steadily destroyed both in actual and potential value.

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