Results 1 to 12 of 12

Thread: Microsoft's Bank Account!!

  1. 06-09-2001, 08:54 PM #1
    awwall
    awwall is offline
    Member awwall's Avatar
    Join Date
    Mar 1999
    Location
    biloxi,ms usa
    Posts
    282

    Microsoft's Bank Account!!

    Saw on the news tonight where Microsoft has 30 (B)illion sitting in their bank account. Response was that they never know when they may need to buy this company or that company.

    Must be nice...

    Reply With Quote Reply With Quote
  2. 06-09-2001, 09:35 PM #2
    charmler
    charmler is offline
    Member
    Join Date
    Mar 2001
    Posts
    205
    1.5 years ago Bill had that kind of cash. Enter Reno and the Justice Dept. and Bill loses 24 BILLION. So? Ask all the investors and the unions that had their retirement in Microsoft stock.
    Reply With Quote Reply With Quote
  3. 06-09-2001, 10:26 PM #3
    charmler
    charmler is offline
    Member
    Join Date
    Mar 2001
    Posts
    205
    Reply With Quote Reply With Quote
  4. 06-09-2001, 10:42 PM #4
    Warthog
    Warthog is offline
    Insane Member Warthog's Avatar
    Join Date
    Oct 1999
    Location
    Vermont, USA
    Posts
    3,512
    haha same here, Cadd *swears at Win98 - again*

    How did they lose 24 billion in a lawsuit....that hasn't had any results yet except a ruling?

    Warthog
    Reply With Quote Reply With Quote
  5. 06-09-2001, 10:54 PM #5
    jansson_markus
    jansson_markus is offline
    Member
    Join Date
    Apr 2001
    Location
    Turku, FINLAND
    Posts
    107
    What did you say was the Microsoft banking accounts number??? If its located on M$ server... well, lets put it this way, I'll be soon taking a looooooooong vacation....
    Reply With Quote Reply With Quote
  6. 06-09-2001, 10:54 PM #6
    charmler
    charmler is offline
    Member
    Join Date
    Mar 2001
    Posts
    205
    The loss was on paper in the stock market. When the US decided to bring suit against Microsoft the stock market plummeted. Hundreds of billions of dollars of value of stocks gone. Isn't that a loss?
    Reply With Quote Reply With Quote
  7. 06-09-2001, 11:10 PM #7
    Warthog
    Warthog is offline
    Insane Member Warthog's Avatar
    Join Date
    Oct 1999
    Location
    Vermont, USA
    Posts
    3,512
    ahhhhhh I see...I even understand the stock market and didn't see that ...well, that's what early morning posting gets you.

    Warthog
    Reply With Quote Reply With Quote
  8. 06-09-2001, 11:35 PM #8
    charmler
    charmler is offline
    Member
    Join Date
    Mar 2001
    Posts
    205
    I consider them late night posts.
    Reply With Quote Reply With Quote
  9. 06-11-2001, 06:29 AM #9
    RustyGT
    RustyGT is offline
    Member
    Join Date
    May 2001
    Location
    Nth Qld. Aust.
    Posts
    161
    I wonder whether, MS' net worth compares to, the likes of IBM, Boeing, etc.
    You guys are closer, like to comment?
    Cheers R.
    Reply With Quote Reply With Quote
  10. 06-11-2001, 07:53 AM #10
    Gibbo
    Gibbo is offline
    Member
    Join Date
    Jun 2001
    Location
    Winchester, England
    Posts
    35
    Wouldn't it be nice if M$ took some of that money and spent it on deveolping a half decent piece of software

    'we can dream'
    Reply With Quote Reply With Quote
  11. 06-11-2001, 10:51 AM #11
    jeffpapier
    jeffpapier is offline
    Member
    Join Date
    Dec 2000
    Posts
    83
    Microsoft stock was devalued on the stock exchange. This hurt the people who bought it.
    Not the company. Once they issue stock and sell it, rising stock prices have little to do with the actual value of the company.
    Smaller dividends for stockholders.
    Employees getting stock instead of salary get screwed. They are on contract.
    Micro. can buy their shares back at a low price and resell on the next rise.
    Reply With Quote Reply With Quote
  12. 06-11-2001, 11:41 AM #12
    charmler
    charmler is offline
    Member
    Join Date
    Mar 2001
    Posts
    205
    The company is immune only if they have no stock in the company. What company would do that? I buy stocks based on the company's ability to generate profit. If the company owns none of it's own stock why would anybody else?
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules