heruamon on 24 September 2008
| cwbys21 said: The BBC article states that it will be drawn out until 2013, so it isn't as big of news as it is over 5 years, or 5bn per year. But with stocks dropping 30% according to the article, the board members won't be happy because their value dropped 30% as they are the biggest share holders. Doing this will inflate stock value because it creates demand and there will be less shares going around so everybody is now worth more money. |
Dude, I don't personally know you, and I'm not saying you're ignorant, but the comment above is very ignorant, in the truest sense of the word. A $40 bln stock buyback over 5 years is massive, by any measure. Consider the market cap for Sony and Nintendo, and look at M$ commitment to reassure large sharholders that the company is in it to deliver. In 2013, people holding M$ will be very happy...
"...You can't kill ideas with a sword, and you can't sink belief structures with a broadside. You defeat them by making them change..."
- From By Schism Rent Asunder
