"Roy Schestowitz" <newsgroups@xxxxxxxxxxxxxxx> wrote in message
news:1264160.LnOak5jV5f@xxxxxxxxxxxxxxxxxx
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> ____/ Chris Ahlstrom on Tuesday 11 November 2008 12:36 : \____
>
>>
>>
>> After takin' a swig o' grog, Roy Schestowitz belched out
>> this bit o' wisdom:
>>
>>> ____/ Darth Chaos on Tuesday 11 November 2008 01:13 : \____
>>>
>>>>> Frankly, I think that Microsoft has lasted much longer than I would
>>>>> have
>>>>> thought. Almost a decade ago, when I first got involved with Linux, I
>>>>> was
>>>>> convinced that within 5 years the market would have moved on to Linux,
>>>>> due
>>>>> to its incredible reliability, security, flexibility and ultra-low
>>>>> cost.
>>>>> It took a little longer than I thought, but things are finally
>>>>> starting to
>>>>> accelerate and impending doom is near for Ballmer and Co (Bill got out
>>>>> just in time). Next year we will see an enormous uptake of Linux
>>>>> netbooks
>>>>> and PC's, quickly eating into Windows' marketshare. I suspect that in
>>>>> 2010
>>>>> Ubuntu will be the distro chosen by most businesses for their standard
>>>>> desktop.
>>>>
>>>> I figure there will also be a taxpayer-funded bailout of Microsoft.
>>>> There's already been a taxpayer-funded bailout of the credit/banker
>>>> industry, and now there's talk of a taxpayer-funded bailout of the
>>>> American auto industry.
>>>
>>> There is a resemblance to be noted here. Big bosses with big bonuses
>>> amassed
>>> fortunes (maybe in overseas bank account) while leaving their companies
>>> at
>>> high risk or empty shells with no real assets. With the bailout, people
>>> pay
>>> the price while the Fat Cats get to keep their stash and get more
>>> bonuses
>>> for their corruption.
>>>
>>> Similarly, SweatyB, BillG and others built an empire of personal wealth
>>> but
>>> Microsoft is already nearing debt BASED ON PUBLIC DISCLOSURES. The
>>> /reality/
>>> could be more similar to Enron's.
>>
>> Well, they all have 70 days to cash out. <grin>
>>
>> I hope a little balance comes back with the next administration.
>
> All sorts of stores go titsup overnight, unexpected. There was another
> large
> chain yesterday, with rumours about DSG surfacing too.
During tough economic times the weak companies often get hurt the most. Is
this is surprise to anyone?
> Remember how shocking SCO's bankruptcy seemed at the time? They had a
> visit
> from the SEC just a while earlier and the SEC found nothing wrong.
>
> With Microsoft on the other hand...
On the other hand what??????
> SEC Investigating Microsoft Practices -- Earnings Manipulated, Former
> Employee
> Contends
>
> ,----[ Quote]
> | "The CFO to whom Charlie was reporting his concerns about illegality was
> the
> | biggest advocate for the very illegality that was going on," Vial argued
> in
> | court a year ago.
> `----
>
> http://community.seattletimes.nwsource.com/archive/?date=19990701&slug=2969514
What a load of bullshit. Some disgruntled employee makes some false
accusations back in 1999. There certainly isn't any current SEC
investigation of these charges.
> Microsoft Agrees To Refrain From Accounting Violations in SEC Settlement
> ^^^^^^^^^^
> ,----[ Quote ]
> | Microsoft has agreed to refrain from accounting violations to settle
> federal
> | regulators' allegations that it misrepresented its financial
> performance, the
> | government announced Monday.
> |
> | Under a settlement with the Securities and Exchange Commission, the
> software
> | giant neither admitted to nor denied wrongdoing. No fine was imposed.
> |
> | The SEC alleged that Microsoft's accounting practices from July 1994
> through
> | June 1998 caused its income to be substantially misstated.
> `----
>
> http://www.crn.com/it-channel/18819490
Wow... 1994 to 1998. And just when I thought it couldn't get any lamer than
the "news" from 1999.
> Why settle if there was nothing amiss? Why pay Charlie $4 million to shut
> up
> and destroy the evidence of alleged fraud? <
> http://web.archive.org/web/20070308032343rn_2/www.seattleweekly.com/1999-01-06/news/microfraud.php
>>
>
> Read the article above. It seems like Microsoft got chummy-chummy with the
> SEC.
It would seem that way to an idiot.
> Maybe it's OK, but we don't know for sure. Microsoft was pretty caught
> cheating
> its investors before.
>
> We don't know... the answer might come out one day though.
When exactly did they get caught? There certainly isn't any BS^h^h "News"
from the last millenium to support that false accusation.
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