Beta
×

Welcome to the Slashdot Beta site -- learn more here. Use the link in the footer or click here to return to the Classic version of Slashdot.

Thank you!

Before you choose to head back to the Classic look of the site, we'd appreciate it if you share your thoughts on the Beta; your feedback is what drives our ongoing development.

Beta is different and we value you taking the time to try it out. Please take a look at the changes we've made in Beta and  learn more about it. Thanks for reading, and for making the site better!

M$ Debt Scam Moving Smootly as Cash Goes to Zero.

twitter (104583) writes | more than 4 years ago

Microsoft 9

Unable to sell stock to raise money, M$ will sell bonds which will deplete the company of it's cash, in an attempt to raise it's declining stock value.

Unable to sell stock to raise money, M$ will sell bonds which will deplete the company of it's cash, in an attempt to raise it's declining stock value.

Microsoft Corp. may sell debt in what would be the world's largest software maker's inaugural bond offering. Microsoft may offer senior unsecured debt securities, according to a regulatory filing today with the U.S. Securities and Exchange Commission. The shelf registration clears the way for the company to issue debt at any time.

The move comes amid suspicions of hidden weakness and demonstrated threats to it's cash cows Windows and Office. It is part of a previously announced plan to enter debt for $20 billion worth of stock buybacks. M$ had $20.7 in cash left as of September 30th, which was down from a high of $60 billion just a few years ago. At the time of announcement, USB analyst Heather Bellini predicted:

Microsoft to complete the repurchase -- at least five times larger than its average per quarter in the last fiscal year -- over the next three months. ``They won't announce it until it's done,'' Bellini said.

Despite this news, M$FT has hit a 52 week low of $18.00 today and continues to float there, down from peaks of $36 at the start of the year and $56 in 1999. Stock options were once an important mechanism to attract talent to the company.

cancel ×

9 comments

Sorry! There are no comments related to the filter you selected.

Stock (1)

KasperMeerts (1305097) | more than 4 years ago | (#25837095)

Do the stocks matter that much? I mean, according to the Google tickers, about every company's stock has lost half of its value. It's great to see Microsoft go down, but if every company does the same, is it really that big a deal?

Re:Stock (1)

dedazo (737510) | more than 4 years ago | (#25838765)

This seems to be the fresh new meme. Amid the global macroeconomic meltdown, blabber with glee at the fact that the companies you hate are down along with everyone else, and use that as evidence that they are "dying". Just sprinkle some additional unsubstantiated FUD along with that and bob's your uncle.

Google is down to about $250 from a 2008 high of seven hundred and twenty dollars. But it's just "M$" that happens to be dying, you know.

Get your news from different sources and avoid psychotic FUDsters like twitter. It's far better for your health in the long run.

Re:Stock (1)

Captain Splendid (673276) | more than 5 years ago | (#25842295)

and avoid psychotic FUDsters like twitter. It's far better for your health in the long run.

There's something in your eye...no, the other one.

Re:Stock (1)

dedazo (737510) | more than 5 years ago | (#25844853)

If you mean psychotic, I will have you know dear sir that after my electric shock treatment I do not have to use the bib anymore, and I'm allowed to use a fork without supervision almost all the time.

If you mean FUD, please point me to the nearest example of that so I can concede and praise your good manners.

Re:Stock (1)

Captain Splendid (673276) | more than 5 years ago | (#25847805)

Nope, wrong on both counts. Don't know why you're not taking your own advice. Then I read your JE...sad sad sad.

Re:Stock (1)

dedazo (737510) | more than 5 years ago | (#25877001)

Relax, don't let it get to you.

Re:Stock (1)

Captain Splendid (673276) | more than 5 years ago | (#25877139)

Relax, don't let it get to you.

LOL, ass-backwards. Well, it's your life.

1/2 vrs 1/3 big difference. (0, Troll)

twitter (104583) | more than 5 years ago | (#25847217)

Google has lost about half of it's value. M$ is down to 1/3rd and still plunging. If you look at the long term trend, what you see is that Google's problems are recent, but M$'s are long term. M$ never recovered from the 2000 crash and needs buybacks to prop up their price. As I document elsewhere [slashdot.org] , investors are pissed and there's much worse news for M$ to come. Google, on the other hand, has a business model that will survive and products that will grow in a recession.

More paytards for Your Troll Zoo (0)

Anonymous Coward | more than 5 years ago | (#25853693)

Two dedicated M$ Paytards for your troll zoo twitter.

Casexy and Kamokazi, both defencers of M$ windoze and M$ Internet Exploder. Ballmer and his butt buddies at M$ need to be arrested.

--
Friends don't help friends install M$ junk.
Friends do assist M$ addicted friends in commiting suicide.

Check for New Comments
Slashdot Login

Need an Account?

Forgot your password?

Submission Text Formatting Tips

We support a small subset of HTML, namely these tags:

  • b
  • i
  • p
  • br
  • a
  • ol
  • ul
  • li
  • dl
  • dt
  • dd
  • em
  • strong
  • tt
  • blockquote
  • div
  • quote
  • ecode

"ecode" can be used for code snippets, for example:

<ecode>    while(1) { do_something(); } </ecode>