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Re: [News] Microsoft Investors Sad as Microsoft is Entering Debt

amicus_curious wrote:

"Terry Porter" <linux-2@xxxxxxxxxxxxxxx> wrote in message news:KZCdnTHHTqVeDrvUnZ2dnUVZ_gSdnZ2d@xxxxxxxxxxxxxxxxxx
On Fri, 21 Nov 2008 01:45:18 +0000, Roy Schestowitz wrote:



Microsoft May Sell Debt in First-Ever Bond Offering (Update1)

,----[ Quote ]
| Microsoft Corp. may sell debt in what would be the world’s largest
software | maker’s inaugural bond offering.

Microsoft became the first company in a decade to receive the top rating
from Standard & Poor’s in September when it decided to raise funds. The
bond proceeds would go toward general corporate purposes, including stock
buybacks, acquisitions, capital expenditures and working capital.

The company has $4 billion remaining in its debt authorization after
selling $2 billion in commercial paper last quarter. The software maker
had $20.7 billion in cash and short- term investments as of Sept. 30.

Dang! where did that 40 Billion $ in cash go ??

Seems Microsoft has burnt off 20 Billion $ in cash the last decade.

Not bad for a company the Wintrolls tell us is doing selling more Windows
OSes than ever before ?

Hmm, maybe the Wintrolls are being less than honest again ?

Or maybe you folk out in the far bush struggle to get news from the civilized parts of the world! MS has been buying back stock for a couple of years now with, if I recall correctly without looking it up, some $40B or $50B dedicated to that purpose. Also, they have been paying dividend quarterly and paid a one-time $3 per share dividend. For 10 billion shares outstanding, that was another $30B in a lump sum. It is not much of a mystery if you are actually interested.

It is kind of amusing to see how the anti-MS crowd continues to try to belittle the MS successes while simultaneously whining about the unfair competition. To be effective, you are going to have to get on one side of the issue or another. Either they are chumps or they are champs, figure it out and stick with it.

And you dweebs with microsoft boner-itis need to wake up to the fact that most people's problems with microsoft have nothing to do with their success.

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