EIB Test April 2008 | Page 83

                                   UC  Riverside  Extension  Center                                          1200  University  Avenue.                                            Riverside,  CA  92507             Jandee  Kim   (951)  329  –  0171   [email protected]     I   spent   $15,049.94   to   buy   566   shares   of   the   stock   on   July   18.  Since   July   20,   the   price   of   a   share   had   increased   slightly,   and   it   was   the   peak   during   the   period   I   had   invested.   According   to   eMoneyDaily,   Microsoft   Corporation  launched  a  new  Star  Wars  X  box,  which  is  the  latest  limited   edition.  In  the  gaming  market,  people  are  sure  that  the  new  one  is  going   to  be  successful.  However,  the  price  seems  to  decrease  after  the  peak.  The   news  from  Zacks  Investment  Research  stated  that  Microsoft  Corporation   was  downgraded  to  Market  Perform  from  Outperform  at  William  Blair.  It   can  be  assumed  that  the  lowered  grade  affected  to  the  condition  of  stock.       Since   I   have   invested   on   Microsoft   Corporation,   I   earned   $384.88   in   total   even   though   the   company   was   downgraded.   Zacks   Investment   Research   predicted   that   Microsoft   Corporation