SiliconBeat

If history is any guide, investors who are interested in buying shares of Microsoft might want to do that before it actually releases its new Windows 7 operating system upgrade.
That’s the conclusion of a Bloomberg story published today by reporter Dina Bass, who looked at the software giant’s stock price performance before and after each OS release since Windows 95. The shares consistently did better in the six months prior to the release than the six months after, according to Bloomberg’s data.

Shareholders have already missed out on some of the upside prior to the forthcoming release of Windows 7 scheduled for Oct. 22. Microsoft shares went up 29 percent last quarter and are currently trading above $24, their highest level of the year.

Brendan Barnicle, an analyst at Pacific Crest Securities in Portland told Bloomberg he thinks there is still room for the Microsoft’s stock to increase to $28. Last month an analyst at Goldman Sachs put a $29 target on the stock.