Are these guys real?
--------------------------------
Microsoft May Be Worth $65 a Share if Broken Up, Barron's Says
New York, Nov. 13 (Bloomberg) -- Shares of Microsoft Corp., the world's largest software maker, might be worth only $65 each if the company were broken up because of antitrust concerns, Barron's reported. David Readerman, an analyst at Thomas Weisel Partners in San Francisco said the sum of the company's three major operations -- its Windows-related business, development and applications, and the Internet -- add up to a combined value of about $355 billion, which is 31 percent lower than the company's current stock market value of $517 billion, based on yesterday's close. After $18.9 billion in cash and $4.13 billion in deferred revenue are added in, his total estimated value of the company rises to $377.9 billion, or about $65 a share, Barron's reported.
Microsoft, which fell 7/16 to 89 3/16 yesterday, has a monopoly for personal computer operating systems and has used this power to preserve its market domination, the judge in the antitrust trial ruled last week. (Barron's 11/15 57 www.barrons.com)
----------------------------- |
