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Re: [News] [Rival] ASSOCIATED PRESS: MICROSOFT GOING INTO DEBT!

Chris Ahlstrom wrote:

> After takin' a swig o' grog, Ian Hilliard belched out this bit o' wisdom:
> 
>>> http://biz.yahoo.com/ap/080922/microsoft_buyback.html
>>
>> I wonder if this is so that the Bill, Steve and co. can get more money as
>> they sell off their stake in Microsoft. Given the level of effort that
>> Microsoft is displaying in keeping OSS movement in check, one has to
>> wonder if they know something that they won't admit to.
>>
>> Perhaps the top bosses just want to get a good stake to buy into other
>> companies.
> 
> Well, they're hiding it from Moody's, then:
> 
>     On Monday, Moody's Investors service assigned an "Aaa" senior
>     unsecured debt rating to Microsoft, with a stable outlook. The
>     ratings agency said this reflects the company's "position as the
>     world's largest software company with a strong and defensible market
>     position throughout its diverse core offerings."
> 
>     Microsoft also said it received a "AAA" corporate credit rating from
>     Standard & Poor's Rating Services.
> 

Moodys are not perfect. They also gave Enron a high credit rating until
close to the end.

Ian

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