Some of the items for sale in the Microsoft Classifieds: MicroNews Ads

[dnuggett]

"The dot-com bubble never burst on the Microsoft campus, judging from the items for sale on a website for company employees.
Yachts, pet horses, waterfront homes on Lake Washington and time-share condos in Mexico are just a few of the lavish items for sale and sought by Microsoft employees and their friends. "

Link to the story

 

[RagingBITCH]

That Ford Excursion is sexy. You would never have known by looking at it from the outside

 

[FoBoT]

MS has $48 billion in cash, they must be paying somebody well

 

[dnuggett]

MS has $48 billion in cash, they must be paying somebody well

Source? The balance sheet shows more like 6.5.

 

[FoBoT]

Originally posted by: dnuggett

MS has $48 billion in cash, they must be paying somebody well

Source? The balance sheet shows more like 6.5.

this story is from july, so i guess it might have changed

linked

But Microsoft might find it tougher to deploy its cash hoard of $49bn (£30.94bn).

When it released fiscal-year 2003 results last Thursday, Microsoft said it added $2.9bn of cash in the quarter ended June 30. It earned $689m from investments, nearly one-third of its pre-tax income, according to its fiscal fourth-quarter income statement. And on its balance sheet, Microsoft reported $13.7bn in equity and other investments for the period ended 30 June, 2003.

Still, Microsoft kept just $6.4bn of its cash in "cash'' investments, which mature within a year or so and are all but risk-free. The other $42.6bn was in "short-term investments,'' which might yield more but carry more risk.

so i guess it depends on your definition of "cash"

 

[dnuggett]

Since short term investements carry inherent risk that 42.6 bln # is not an accurate representation of cash. It could be more, it could be less. Cash unless spent will be there tommorrow at the same $ amount it was yesterday. Short term investments may not.

 

[Ameesh]

lol, its not that big of a deal i am browsing the site right now.

http://www.micronewsads.com

 

[dnuggett]

Originally posted by: Ameesh
lol, its not that big of a deal i am browsing the site right now.

http://www.micronewsads.com

Browsing the ads?

 

[Ameesh]

Originally posted by: dnuggett

Originally posted by: Ameesh
lol, its not that big of a deal i am browsing the site right now.

http://www.micronewsads.com

Browsing the ads?

yeah people sell stuff there, its like craigs list or pennysaver

 

[dnuggett]

I thought it was only for employees or relatives.... well I guess that'd be you then huh?