____/ Mark Kent on Tuesday 05 February 2008 18:20 : \____
> Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx> espoused:
>> Microsoft says to borrow money for Yahoo deal
>>
>> ,----[ Quote ]
>>| Microsoft Corp said on Monday it may borrow money for the first time in its
>>| history to fund a portion of its $44.6 billion unsolicited offer for Yahoo
>>| Inc.
>> `----
>>
>> http://www.reuters.com/article/companyNews/idUSN0455692920080205
>>
>> Microsoft says it itself. Trolls cannot deny this.
>>
>> 1998: Microsoft lost $18,000,000,000 and Gates resigned as CEO. Article no
>> longer available. How come?
>>
>>
>> Yesterday:
>>
>> Microsoft and the American way
>>
>> ,----[ Quote ]
>>| An interesting side-note on the potential Yahoo-Microsoft deal: Microsoft
>>| has only $17B in cash/liquid reserves, but has bid $44.6B for Yahoo.
>> `----
>>
>> http://warpedvisions.org/2008/02/03/microsoft-and-the-american-way/
>>
>
> You might have been following the thread with "Duncan Meyer", who seems
> to be Gary Stewart, showing a shocking lack of comprehension of basic
> business accounts. In any case, the real picture is that Microsoft have
> "mislaid" about "US$20bn" in assets over the last three years; a quick
> peek at their balance sheets for the last three years shows this
> clearly.
>
> They have been haemoraging cash for a very very long time now, and it
> *has* to come from somewhere, along with propping up the share price buy
> constant share buy-backs, which also has to be funded somehow.
>
> The idea that MS might borrow money to buy Yahoo is amazing, since it
> demonstrates that Microsoft still believe that their problems are
> external. Yahoo, of course, are suffering as much as MSN are, buying
> another failing business is not going to solve their problems.
> Borrowing money to do it starts to look a lot like another Enron or
> Worldcom in the making.
They still make some money with Office. That air supply will be cut when ODF
becomes more widespread. Many governments and software vendors already adopt
ODF, which has Microsoft scared enough to resort to crime (c/f OOXML stories).
--
~~ Best of wishes
Roy S. Schestowitz | Open the Gate$ to Hell
http://Schestowitz.com | GNU/Linux | PGP-Key: 0x74572E8E
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