I think they will still be dead meat. It will just take a little longer time wise. The company is still valued as a high growth company and is anything but that. And now with 10.7 Billion shares outstanding... oh my! This was the biggest snow job I have ever seen. However I think investors have learned since the bubble crash to read the B.S. on the wall.
"MSFT knew IMHO that if they did not split and div they would be dead meat with these earnings." ---------------------------------------------------------------
Smart Money....
My guess is that they are toast anyway. I believe it will be a long time before they see today's highs again.