[Am-info] Microsoft's $48Bn liquid assets
Paul Rickard
pr@ms-bc.com
Tue, 13 Aug 2002 22:32:06 -0400
========== On 2002.08.13 08:39 AM, John Poltorak typed: ============
>Some months ago there was some discussion of MS liquid assets amounting to
>around $48Bn. I don't know what this sum was composed of but apparently it
>wasn't cash but investments. Does anyone know what affect the collapse in
>the stock market may have had on the value of those assets?
Doesnt liquid generally mean cash or quickly-disposed investments
like regular stock? Most of Microsoft's major investments (like the AT&T
deal, or Comcast) are in long-term commitment special class stocks that
don't fall into that category. And last I heard they had about $42
billion in cash money growing at a rate of $1B per month, so $48 would be
pretty close to the current figures.
======== Paul Rickard, Editor of The Microsoft Boycott Campaign =======
--------------------------------[ Http://www.msboycott.com ]-----------
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