[lbo-talk] Microsoft Plans An End Run Around, Oh, Everyone

Doug Henwood dhenwood at panix.com
Wed Jul 9 10:15:07 PDT 2003


Eubulides wrote:


>----- Original Message -----
>From: "Chuck0" <chuck at mutualaid.org>
>
>> This scheme will never work. They have been trying to come up with shit
>> like this for years, yet we aren't any closer to it than before.
>>
>> This also depends on a healthy Microsoft being able to throw money at
>> Area 51 projects like this. Given the recent announcements of layoffs at
>> Microsoft, I suspect that a cash crunch will eventually put this project
>> on the back burner.
>>
>> Chuck0
>
>=================
>
>Microsoft is simply shifting the jobs to lower costs; US workers are being
>laid off, Indian workers are being hired -unknown here is whether this is
>an offset arrangement in order to get contracts with the Indian
>government- and the stockholders will get some loot. Doesn't sound like a
>cash crunch issue. What's the problem Chuck? :-)

A cash crunch at Microsoft? Only if they've recently undertaken to buy Denmark. Last I looked, they had $43 billion in cash on the balance sheet, rising at $1 billion a month. I don't know of any other corp that has ever had a balance sheet like theirs.

Doug



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