Moshe Goldfarb wrote:
> On Tue, 05 Feb 2008 15:51:53 +0000, Roy Schestowitz wrote:
>
>> Microsoft says to borrow money for Yahoo deal
>>
>> ,----[ Quote ]
>>| Microsoft Corp said on Monday it may borrow money for the first time in
>>| its history to fund a portion of its $44.6 billion unsolicited offer for
>>| Yahoo Inc.
>> `----
>>
>> http://www.reuters.com/article/companyNews/idUSN0455692920080205
>>
>> Microsoft says it itself. Trolls cannot deny this.
>
> You bumbling idiot.
> The Federal Reserve just dropped interest rates again for a total drop of
> 1.25 points in less than a month.
> Unprecedented BTW.
> Why break investments that are locked in at the higher interest rates when
> you can borrow for less?
>
> Coming from a sponge like you Schestowitz it figures you haven't got a
> clue about money other than how to pan handle for it.
>
"Pan handle"... that's something msft will learn the hardway as they go into
the future. Imagine borrowing $27 billion to buy another failing company...
who would loan them the cash? Yeah the interest rate has dropped, but
really... would a bank in good conscience take this kind of load right now?
--
Jerry McBride (jmcbride@xxxxxxxxxx)
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