12.23.08
Gemini version available ♊︎On Being Rich… On Paper
“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].
Regarding the latest layoff rumours, a Microsoft ‘fanalyst’ believes this to be true.
When Mini Speaks Layoffs, I Believe
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. █
Related posts:
- Charles Pancerzewski and Microsoft Fraud Revisited (Updated)
- Financial Fraud Claimed at Microsoft; Microsoft Paid Microsoft Witness to Shut Up
- Microsoft Claimed to Have Lost $18,000,000,000 in 1998
- References Roundup: Microsoft’s Financial Situation
- Quote of the Day: Speaking of Ponzi/Pyramid Schemes