● 12.23.08
●● On Being Rich… On Paper
Posted in Finance, Microsoft, Videos at 8:29 am by Dr. Roy Schestowitz
“There is such an overvaluation of technology stocks that it is absurd. I would include our stock in that category. It is bad for the long-term worth of the economy.”
–Steve Ballmer
There are several different types of pyramid schemes, so people are often deceived by the use of this term. Here is a humorous example of the more classical form.
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Whether Microsoft can implode or not, we do not know for sure yet, but as we noted yesterday, layoffs have already begun and the company is headed towards debt [1, 2].
Regarding the latest layoff rumours, a Microsoft ‘fanalyst’ believes this to be true.
When Mini Speaks Layoffs, I Believe
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News Analysis. Blogger Mini-Microsoft says signs show layoffs coming to the software giant. The prediction: Jan. 15.
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According to Todd Bishop, “A Microsoft spokesman declined to comment [on layoffs].” Analysts are not positive at the moment and answers may soon arrive. █
Related posts:
Charles Pancerzewski and Microsoft Fraud Revisited (Updated)Financial Fraud Claimed at Microsoft; Microsoft Paid Microsoft Witness to Shut UpMicrosoft Claimed to Have Lost $18,000,000,000 in 1998References Roundup: Microsoft’s Financial SituationQuote of the Day: Speaking of Ponzi/Pyramid Schemes
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