On 2008-03-01, Sinister Midget <fardblossom@xxxxxxxxx> claimed:
> On 2008-02-29, Erik Funkenbusch <erik@xxxxxxxxxxxxxxxxxxxxxx> claimed:
>> On Fri, 29 Feb 2008 15:41:55 +0000, Roy Schestowitz wrote:
>>
>> [snip]
>>
>> Why do you keep repeating this lie Roy? Nothing in the article you linked
>> to said anything about "debt".
>
> Then why did you snip this?
>
> 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 is *NOT* "approaching" debt. That statement indicates that
>> Microsoft is operating at a loss, something which is patently untrue.
>
> No. It indicates Microsoft is approaching debt. They go into debt when
> they /borrow/ money. It's simple economics, really.
Forgot to add from the link provided:
Microsoft Chief Financial Officer Chris Liddell said the software
company may issue some debt to finance the cash portion of its 50-50
stock and cash offer for Yahoo, instead of drawing down its entire
$21 billion cash pile.
"It's likely we're actually going to borrow for the first time,"
said Liddell in an annual strategy meeting with analysts. "It's
going to be a mixture of the cash we have on hand plus debt."
Golly gee! Even MICROS~1's CBF (Chief Book-Fixer) calls it debt. Do you
know something they don't know, Ewik?
--
Capitalism: Man exploiting man. Socialism: The reverse.
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