[Am-info] Re: MS depositions
John J. Urbaniak
jjurban@attglobal.net
Tue, 26 Feb 2002 20:27:54 -0500
Erick Andrews wrote:
> On Tue, 26 Feb 2002 17:49:51 -0500, John J. Urbaniak wrote:
>
>
> >>
> >> Au contraire. The judge determines what gets edited out. By the way, the
> >> "no-patent violation" clause. Another anti-trust lawsuit looms. And
> >> remember MS is a predatory monopoly. It will become part of what
> >> Bork/Starr called the "low-hanging" fruit. A treble damage charge against
> >> the income statement! It will come.
> >
> >Yep. Bit by bit Microsoft will be picked to pieces. Then will come the
> >employee's suits. Then the stockholder's suits.
> >
> >John
> >
>
> And likely after that, some divorce suits and paternity
> suits.
>
Remember, Microsoft has NO tangible assets other than 30 billion or so in cash
and investments and a building complex in Seattle.
But there are something like 6 billion shares of MSFT outstanding.
This works out to around $5 per share give or take a buck or two.
That is Microsoft's true or "book" value. Everything else is hype.
And if it's true that they paid no federal taxes for the last two years, then
their income is just enough to cover their expenses.
All in all, it's a very scary picture for all those "investors" who hold
Microsoft stock. Makes Enron look like Kindergarten.
John