"There is such an overvaluation of technology stocks that it is absurd. I would include our stock in that category. It is bad for the long-term worth of the economy."
--Steve Ballmer
There are several different types of pyramid schemes, so people are often deceived by the use of this term. Here is a humorous example of the more classical form.
Whether Microsoft can implode or not, we do not know for sure yet, but as we noted yesterday, layoffs have already begun and the company is headed towards debt [1, 2].
News Analysis. Blogger Mini-Microsoft says signs show layoffs coming to the software giant. The prediction: Jan. 15.
According to Todd Bishop, "A Microsoft spokesman declined to comment [on layoffs]." Analysts are not positive at the moment and answers may soon arrive. ⬆
"If you're doing something hard and nobody hates it, you probably aren't doing it. If the right people hate it and those people happen to be some of the worst people alive, so much the better."
"[t]he rules of the vote saw community members asked to rank each of the eight proposals. Just under 600 people voted, but Debian’s election team rejected many for unspecified reasons, leaving almost 450 valid votes to count."
