On Wed, 16 May 2007 07:32:15 +0100, Roy Schestowitz wrote:
> __/ [ alt ] on Wednesday 16 May 2007 03:10 \__
>
>> On Mon, 14 May 2007 22:04:56 +0100, Roy Schestowitz wrote:
>>
>>> Software Notebook: Microsoft's cash pile isn't what it used to be
>>>
>>> ,----[ Quote ]
>>> | But Microsoft has taken a series of steps to reduce its cash | balance.
>>> Specifically, by Microsoft's count, the company has | paid out nearly $100
>>> billion through dividends and repurchasing | its own stock in the past
>>> five years. `----
>>>
>>> http://seattlepi.nwsource.com/business/309852_software02.html
>>
>> I wonder how many shares belonging to high-level Microsoft executives
>> were purchased in this manner.
>
> According to:
>
> http://seattlepi.nwsource.com/business/309852_software02.html
>
> over half of the company's cash reserves have been emptied in just the past 2
> years.
While I doubt it is illegal to do, it certainly seems to be a moral wrong.
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