Their assets are far, far more then 60 billion. they have 60 billion in cash like, in bank acounts and such. They are worth far more then that. In terms of intelectual property, physical property (buildings, etc)
You seem to be claming that over the past 30 years, ms has only made $6 for each $27 dollar share (which, if the grandparent's calculations are correct, was worth 27/288 or about 11 cents).
But you're missing the point that most of the money that they made was reinvested in the company. So while some of the money is that $60g, some of it is reflected in their $300g market cap. Microsoft gets tons of income every year from sales, which are a reflection of the money they invested in those products long ago.
The price is moment-to-moment unpredictable, simply because people buy and sell all the time. That can't be gamed. But long-term stock prices can be predicted pretty well, if you know what you're doing:P
That $27 stake in MSFT, purchased in 1980 would have only cost a few cents, if that. $27 invested in Microsoft in 1980 would be worth a shitload today.
Why? Because most of the money that was made was reinvested in the company. That money isn't lost to stockholders. It's reflected in the share price.
Dude, They have $6/7 per share in cash right now. That's not "the amount of money they've made in 30 years". That's just the money they've saved most companies save far, far less money then that, because they can invest it and earn a much better return, usually in themselves (i.e. hireing new people, expanding product lines, etc). Having so much liquid cash is actually counterproductive from stockholders point of view. Lots of companies are in for most of their existence.
Microsoft's Price to earning's ratio is 31.77, meaning (approximately) it'll take 30 years to make your investment in Microsoft, assuming that they never expand again at all. That's a bit much, but nothing freakishly out of the ordinary.
Indian programmers make about $10/hr. Not nearly as bad as so many people seem to think. EEs and other engineers make less, about $5/hr, which is the reverse of the US where Engineers make more then coders.
1) hire a lawyer. The fact that it says "we can change these terms whenever want" dosn't mean they actualy can. I seriously doubt that clause would stand up in court.
Smash up the motherboard. Or pull some components off of it. What are they going to do then?
You got asked a question by five diffrent people!! sad, poor you. None of those people could have know that you've already said no. It's not like they were really obnoxious with you. Lighten the fuck up.
Most all manufacturers have warrantees. If a product breaks down on it's own, you can send it in (up to a year). On the other hand, if you have a service plan, you get about 3 years of coverage, you can take it back to the store for an instant return (rather then waiting for the mail) and the service plan covers you if you break it yourself (such as a broken screen on a PDA).
1) buy item without service plan
2) break item
3) buy item with service plan
4) after a couple years, replace the 'service plan' item with a new, top of the line model.
You can even intentionaly break the item after a couple of years, with the service plan, and upgrade to a newer model
He probably should have just left the store after being shoved, and not gotten the Tube. I can't imagine why anyone would want to continue the transaction after something like that. Just go to another store.
Seriously, I don't know warped and selfish you'd have to be to believe that "being always right" is somehow a god given right when you're at the store, as the submitter seems to be implying.
I don't think what moveon is doing is astroturfing, exactly. Astroturfing generaly involves paying people to write fake letters to the editor. These guys are simply giving people a list of newspapers near them, and a few talking points.
But I don't know if I would want to submit my idea out in the public before I had a chance to gather some financing to protect it. I also don't want my competitors to get an early leg up on my business before I have a chance to become competitive.
Usualy the winning submissions come from companies that already exist, have a few people and at least some work done on the product. They're not just handing out money for hair-brained ideas:P
While it's true that the USA has 10 times our population, I still don't understand why so much money, time, and stress is being spent on electronic voting machines. Technology is NOT a solution to every problem, and in many cases it overcomplicates a classic, tried and tested method.
It would still be cheaper then hand counting every ballot, especially since Americans vote for so many things (like maybe 20 or 30 separate items). Anyway, your system would be a huge step backwards over what we have in most of the US, paper ballots which are electronically counted.
Slashdot Mirror
We all know that bald assertions and insults are worth more then the results of a blind test. Duh.
Idiots or no, you're argumentation style leaves no doubt to your own mental deficiency. Given this, you're probably wrong.
Slashdot has an alexa page rank of 1,270, while howardstern.com has a page rank of 5,889. And that only counts IE users...
certanly, the people who run asdf.com were in for a little bit of a dissapointment.
IIRC, this guy was busted for tax evasion, rather then building his 'missle' which was hardly more then a remote-control plane.
The moral is: when you build a giant cannon, don't point it at Isreal.
(Government assasinations are actualy illegal in the US, and there was no real risk to us. We all know what Isreal's policy on assasination is)
Their assets are far, far more then 60 billion. they have 60 billion in cash like, in bank acounts and such. They are worth far more then that. In terms of intelectual property, physical property (buildings, etc)
Unfortunetly, you can't post on usent using google, unless you're willing to post your shiny new gmail address for all the world's spammers to see :(
You'd probably like it.
You seem to be claming that over the past 30 years, ms has only made $6 for each $27 dollar share (which, if the grandparent's calculations are correct, was worth 27/288 or about 11 cents).
But you're missing the point that most of the money that they made was reinvested in the company. So while some of the money is that $60g, some of it is reflected in their $300g market cap. Microsoft gets tons of income every year from sales, which are a reflection of the money they invested in those products long ago.
The price is moment-to-moment unpredictable, simply because people buy and sell all the time. That can't be gamed. But long-term stock prices can be predicted pretty well, if you know what you're doing :P
Having a cafepress store that sells copyright expired works and mouse pads is hardly "owning your own business". Please.
That $27 stake in MSFT, purchased in 1980 would have only cost a few cents, if that. $27 invested in Microsoft in 1980 would be worth a shitload today.
Why? Because most of the money that was made was reinvested in the company. That money isn't lost to stockholders. It's reflected in the share price.
Dude, They have $6/7 per share in cash right now. That's not "the amount of money they've made in 30 years". That's just the money they've saved most companies save far, far less money then that, because they can invest it and earn a much better return, usually in themselves (i.e. hireing new people, expanding product lines, etc). Having so much liquid cash is actually counterproductive from stockholders point of view. Lots of companies are in for most of their existence.
Microsoft's Price to earning's ratio is 31.77, meaning (approximately) it'll take 30 years to make your investment in Microsoft, assuming that they never expand again at all. That's a bit much, but nothing freakishly out of the ordinary.
Indian programmers make about $10/hr. Not nearly as bad as so many people seem to think. EEs and other engineers make less, about $5/hr, which is the reverse of the US where Engineers make more then coders.
1) hire a lawyer. The fact that it says "we can change these terms whenever want" dosn't mean they actualy can. I seriously doubt that clause would stand up in court.
Smash up the motherboard. Or pull some components off of it. What are they going to do then?
I had a 32 meg Cassiopia Wince PDA with a broken replaced with a 64meg iPaq, but I think it was at Comp USA, rather then Best Buy.
You got asked a question by five diffrent people!! sad, poor you. None of those people could have know that you've already said no. It's not like they were really obnoxious with you. Lighten the fuck up.
/drunk
Most all manufacturers have warrantees. If a product breaks down on it's own, you can send it in (up to a year). On the other hand, if you have a service plan, you get about 3 years of coverage, you can take it back to the store for an instant return (rather then waiting for the mail) and the service plan covers you if you break it yourself (such as a broken screen on a PDA).
1) buy item without service plan
2) break item
3) buy item with service plan
4) after a couple years, replace the 'service plan' item with a new, top of the line model.
You can even intentionaly break the item after a couple of years, with the service plan, and upgrade to a newer model
He probably should have just left the store after being shoved, and not gotten the Tube. I can't imagine why anyone would want to continue the transaction after something like that. Just go to another store.
Also, best buy isn't exactly cheap.
Seriously, I don't know warped and selfish you'd have to be to believe that "being always right" is somehow a god given right when you're at the store, as the submitter seems to be implying.
Of course the customer is not always right.
I don't think what moveon is doing is astroturfing, exactly. Astroturfing generaly involves paying people to write fake letters to the editor. These guys are simply giving people a list of newspapers near them, and a few talking points.
You have two years after public disclosure before you have to patent your idea.
But I don't know if I would want to submit my idea out in the public before I had a chance to gather some financing to protect it. I also don't want my competitors to get an early leg up on my business before I have a chance to become competitive.
:P
Usualy the winning submissions come from companies that already exist, have a few people and at least some work done on the product. They're not just handing out money for hair-brained ideas
While it's true that the USA has 10 times our population, I still don't understand why so much money, time, and stress is being spent on electronic voting machines. Technology is NOT a solution to every problem, and in many cases it overcomplicates a classic, tried and tested method.
It would still be cheaper then hand counting every ballot, especially since Americans vote for so many things (like maybe 20 or 30 separate items). Anyway, your system would be a huge step backwards over what we have in most of the US, paper ballots which are electronically counted.