Right now, Microsoftmanagement appears more interested in being bond traders than in running a tech company.
The company's plan to raise over a billion dollars in a convertible bond offering is a cruel joke at best.
And with that, I offer today's "Call-To-Action" for Microsoft: make an acquisition, or give the money back to the shareholders.
How much money do these guys need? Cash is only good when it's being used to create wealth. Right now, given the interest rate environment, Microsoft's mountain of money is collecting dust.
The software giant needs to do something, and if they don't, look for activist investors to force management's hand.
Sometimes the best observations and questions come not from our great guests, but rather from you, the viewer.
We received an e-mail after yesterday's show with a question that never occurred to me: What if Microsoft had taken some of its $39 billion in cash and invested in Apple stock?
As odd as that may sound, it sure beats the company's current plan. Too bad Microsoft has yet to see it the same way as our viewers
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"The Strategy Session," hosted by David Faber and Gary Kaminsky, airs weekdays at Noon ET on CNBC.
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