DrStool Posted October 23, 2003 Report Posted October 23, 2003 Mr. Bill Squirts a Turd Why Always When Market Closed? Your Anals Fishmarket Wrap is loaded. Take a subscribatory and download RIGHT NOW! 15 Day Intro Subscribatory. Just $2.99! Get In RIGHT NOW!
Guest yobob1 Posted October 24, 2003 Report Posted October 24, 2003 Oh No Mr. Bill! Net income declined to $2.61 billion, or 24 cents a share, from $2.73 billion, or 25 cents, a year earlier, the Redmond, Washington-based company said in a statement. Investment income surged to $763 million from $41 million as the equity market improved, Connors said. 2.73 billion minus .041 billion = 2.689 billion 2.61 billion minus .763 billion = 1.847 billion 2.689 billion minus 1.847 billion = .842 billion decline in income = 31.3% decline Who's kidding who?
The brown one Posted October 24, 2003 Report Posted October 24, 2003 Mr. Bill seems to be much more successful at creating paper wealth on the market and crap at core business,that he might do better starting his own paper pyramid house or hedge-fund rather than bother with software. Wonder how much of the increase came from selling put options on his own stock?
Guest Posted October 24, 2003 Report Posted October 24, 2003 Oh No Mr. Bill! Net income declined to $2.61 billion, or 24 cents a share, from $2.73 billion, or 25 cents, a year earlier, the Redmond, Washington-based company said in a statement. Investment income surged to $763 million from $41 million as the equity market improved, Connors said. Bloomberg are a stingy lot who have sacked most of their best journos/anal cysts in pursuit of cost savings. Consequently they have muddled up the comparison basis and used an old number that did not include the expensing of stock based compensation. However, it is certainly true that the nebulous area called investment income accounted for substantially all the net profit growth with core operating profits growing by less than 4% year-on-year. This is pathetic really, especially as they seem to have taken a huge chunk out of deferred income. Management are apparently blaming this on corporate customers being distracted by the MS Blaster worm thereby rendering them unable to sign up for new software licenses. Waaaaaahahahahahahaha.
machinehead Posted October 24, 2003 Report Posted October 24, 2003 The Japanese invented "financial profits on the side" during their great 1980s rally -- it's called zaiteku. (translation: financial engineering) Funny, they never talk about zaiteku anymore ...
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