Comments on: ASUS Enters the Slog Business

By: Roy Schestowitz

Roy Schestowitz — Sat, 30 May 2009 13:54:49 +0000

A year later Microsoft paid its employee $4 million to keep secret the company's accounting fraud and shred the evidence.

By: Needs Sunlight

Needs Sunlight — Sat, 30 May 2009 13:51:53 +0000

“… the single most lucrative product Microsoft sells is its own stock. Microsoft receives almost as much cash inflow from the stock market as it does by selling goods and services.”

http://www.fool.com/portfolios/rulemaker/2000/rulemaker000217.htm

That was 10 years ago when it was at its economic prime. Oh. Wait. It ran a loss ($18 billion) even back then

http://www.economist.com/displaystory.cfm?story_id=230106
http://etheridge.ca/articles/economist-options.html

and the business model could be seen to be non-viable to the point that Gates bailed from his position as CEO.

By: Roy Schestowitz

Roy Schestowitz — Sat, 30 May 2009 13:51:30 +0000

This one is more recent: Microsoft's Fast charged with 'accounting fraud'

By: Needs Sunlight

Needs Sunlight — Sat, 30 May 2009 13:46:57 +0000

It’s likely that much of the ‘earnings’ at M$ since 1999 could have come from stock emissions and trading company stock and other investments, more than from Windows and Office.

It would only be necessary if that trading is no longer profitable. We all know where the company is going. With that in mind, who’s a big enough chump nowadays to buy MS stock? What the sale of debt looks like is a venture into the junk bond business.

The ringleaders have already hired in expert book cookers:

http://www.techcrunch.com/2008/07/03/did-the-enron-of-norway-pull-a-fast-one-on-microsoft-more-details-about-the-mess-at-fast-search-transfer/

http://www.computeruser.com/articles/daily/8,6,1,0225,02.html