[Am-info] Breaches of SEC Regulations

[John Poltorak]

On Sat, Jun 29, 2002 at 07:31:11PM -0400, John J. Urbaniak wrote:
> 
> 
> Paul Rickard wrote:
> 
> > ========== On 2002.06.29 08:38 AM, John Poltorak typed: ============
> >
> 
> > They lied but the real story wasn't anything nearly as bad as
> > Enron, Worldcom, or Xerox. Media people go where the blood is, y'know.
> 
> Microsoft is a house of cards with a book value of $8 or $9 per share, not
> counting liabilities for stock options.
> 
> It will come crashing down some day.

I don't think this will happen.

With net liquid assets of $44Bn, which are apparently growing by $1Bn a 
month it can snap up a lot of failed companies at rock bottom prices 
thereby extending it's empire and creating new monopolies. The collapse of 
Worldcom offers new opportunities for Microsoft. It would not surprise me 
if Microsoft became the monopoly ISP in the USA within a few years. The 
collapse of NTL offers similar opportunities in telecoms as does the 
collapse of ITV Digital in the UK in digital broadcasting. Many high tech 
companies are going bust in the face of stiff competition, leaving 
Microsoft with its monopoly intact and spare billions in the bank.


It really gets me when George starts blabbing about 'restoring faith in 
American business' and demamding new corporate abuse laws after he dropped 
the case against Microsoft in return for spending millions in helping him 
get elected. 
 
> John

-- 
John