Microsoft stock hits high not seen since 2004
Seattle PI | at | by Mike
The increase wasn't Googlesque, by a long shot, but Microsoft's stock price crossed a threshold last week that it hadn't seen in nearly two years.
Following the long-awaited completion of the next Windows operating system on Wednesday, Microsoft's shares closed the week above $29 for the first time since November 2004.
The company's share price had fallen into the low $20s over the summer, after Microsoft disclosed plans for a big boost in spending.
In recent months, the stock has been making small but steady gains. It finished trading the week before last at $28.73.