"Hadron" <hadronquark@xxxxxxxxxxxxxx> wrote in message
news:fo7d8o$2cu$2@xxxxxxxxxxxxxxxxxxxxxxxxxxxx
> Jerry McBride <jmcbride@xxxxxxxxxx> writes:
>
>> Roy Schestowitz wrote:
>>
>>> 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/
>>>
>>
>> $17 billion cash? Didn't they once sit on a $60 billion cash reserve at
>> one
>> time? Wow, where did all the cash go?
>
> Why would you want to know? What do you know about their purchases and
> re-investments? Hint : go look at the cash sheets. *snigger* Mark Kent
> will show you how.
Most of the fools here think that the best thing for a company to do with
"cash" is to hide it under a mattress or something. Somehow they think that
having a huge pile of money just sitting there is somehow making the most of
it. They are not familiar with concepts like investing the pile of cash and
buying other companies and investing in technologies in order to grow the
business.
--
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