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____/ Linonut on Saturday 26 July 2008 14:11 : \____
> * Roy Schestowitz peremptorily fired off this memo:
>
>> Microsoft loses 90 Billion Dollars [in less than a year]
>>
>> http://slated.org/microsoft_loses_90_billion_dollars
>
> The source article:
>
>
http://www.bloomberg.com/apps/news?pid=20601109&sid=aqWZ_7PKAYi4&refer=news
>
> Microsoft Holders Say Web Spending Masks Idea Drought (Update2)
>
> July 23 (Bloomberg) -- Microsoft Corp. Chief Executive Officer Steve
> Ballmer says he plans to spend hundreds of millions of dollars to
> fix the company's unprofitable Internet business. His investors say
> they want proof he knows what to do with the money.
>
> After walking away from six months of on-again, off-again talks
> about buying all or part of Yahoo! Inc., owner of the No. 2 Web
> search engine, Ballmer has left shareholders wondering if he has a
> plan B.
>
> B for "Ballmer".
>
> ``I'm a little concerned; I'll be honest,'' said Caughey, whose firm
> manages $1.2 billion and owns Microsoft shares. Ballmer needs to
> ``put a hot, bright light of clarity on where's all the money
> going.''
>
> Ballmer's slimming down, and so is Microsoft (sort of).
There was a point 2 years ago when Dvorak expressed concern over Ballmer's loss
of weight (he looked like a shaved-head rooster*). Microsoft too was losing
weight because the savings were passed into the stock, leaving the company
near debt.
__
**Search the Tube for "advertisers, advertisers, advertisers."
- --
~~ Best of wishes
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