Moshe Goldfarb. wrote:
> On Mon, 22 Sep 2008 13:45:00 +0000, Roy Schestowitz wrote:
>
>> http://biz.yahoo.com/ap/080922/microsoft_buyback.html
>
> "On Monday, Moody's Investors service assigned an "Aaa" senior unsecured
> debt rating to Microsoft, with a stable outlook. The ratings agency said
> this reflects the company's "position as the world's largest software
> company with a strong and defensible market position throughout its
> diverse core offerings."
>
> Microsoft also said it received a "AAA" corporate credit rating from
> Standard & Poor's Rating Services.
>
> Shares rose $1.22, or 4.9 percent, to $26.38 in premarket trading."
>
>
> Yea...
> Microsoft is in a lot of trouble......NOT!
That's most probably what MS want you and the market to think: hence the
buyback.
But investors and the market may very well conclude instead that, since MS
have spent their cash on buying back shares rather than using it for
profitable future investment, their prospects going forward are not too
great.
--
Facts are sacred ... but comment is free
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