Simon Willison’s Weblog

Scary

21st October 2002

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.