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« Delisting in the US because of Sarbanes-Oxley | Main | Firefox NYT ad appears »

16 December 2004

Comments

Mark

Neville,

It probably is so fluffy because of our securities laws here in the States. If he says anything that could even remotely affect their stock price, he's risking more than it's worth.

Take a look at a lot of the news articles written by the business journals and papers here, and the quotes you will see generally end with something along the lines of, "CEO Smith said in a release."

Reg FD and Sarbanes-Oxley have taken a lot of depth out of our business reporting. Blame the lawyers.

Regards,
Mark

Neville Hobson

Good points, Mark. I would agree that any publicly-listed company has to be mindful of securities laws and regulations when communicating.

This is especially true where what's being communicated may influence people's actions with regard to things like the share price. So that's a risk always to balance in any organizational communication.

Yet in this case with what I will still call the 'PR fluff piece,' I really cannot see what regulatory risk Microsoft might run if they had produced a more meatier FAQ. Easy to generalize as well as criticize, I know. So what do I mean by 'meatier' anyway?

Well, as I said in the post, further commentary on some of the interesting topics Bill Gates spoke about at his CEO Summit in May. He commented there about blogging, for instance - that's one topic I'd love to hear more about from Microsoft's leadership as to where they see this going from a business perspective.

Maybe I should be asking Robert Scoble for some pointers on leadership views about that...

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