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Scary

Dan Gillmor: Microsoft Piggy Bank Tops $40 Billion:

What is Microsoft going to do with this money? They can’t spend it fast enough internally, and the top shareholders, who control the company, refuse to issue dividends (this saves Bill Gates et al billions in taxes). Prediction: Once Microsoft is out from under what’s left of the antitrust case, it’ll go on a strategic investment and acquisition spree the likes of which you cannot even imagine.

Scary.

Posted 21st October 2002 at 8:50 pm

This is Scary by Simon Willison, posted on 21st October 2002.

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4 comments

  1. That's one big piggy bank. I wonder where they keep it.

    Tim - 21st October 2002 20:55 - #

  2. A uni friend of mine is convinced that they keep it on a secret island in the pacific gaurded by giant killer robots. He says he couldn't imagine how anyone could build up a stockpile of 40 billion dollars and /not/ spend some of it on giant killer robots ;)

    Simon Willison - 21st October 2002 21:29 - #

  3. Zimran Ahmed of winterspeak first addressed this issue back in the spring(there are at least more excellent posts from may that you may want to look for), and last week he talked briefly about a rumour involving Microsoft and Siebel. And here is today's announcement from the Siebel conference.

    http://www.winterspeak.com/2002_10_01_archive.html #85576902

    http://www.siebel.com/about/news_events/press_rele ases/2002/021021_microsoft.shtm

    dylan - 22nd October 2002 08:16 - #

  4. ooops... that didn't work too well. sorry simon didn't mean to mess up your site!

    dylan - 22nd October 2002 08:19 - #

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