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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: alydar who wrote (50169)9/28/2000 12:08:58 AM
From: sandeep  Read Replies (1) | Respond to of 74651
 
Blisenko, nobody, I MEAN NOBODY could have figured out the problems T has had. I used to consider it a bet that couldn't go wrong, much to my detriment...



To: alydar who wrote (50169)9/28/2000 12:44:52 AM
From: tbigb  Read Replies (1) | Respond to of 74651
 
MSFT's investment in T is a loan @4%/year unless the stock goes above 60 or so when the loan can be converted.
So MSFT is going to get its money back



To: alydar who wrote (50169)9/28/2000 12:47:37 PM
From: Dave  Respond to of 74651
 
Bob, MSFT's $5B of T was STRATEGIC investment, whereas yours was only garden-variety investment. That means that for each share of T that MSFT bought, they got more than you did for each share you bought. They got not only fractional ownership of T, but also first Dibs at the OS for the T set-top box.

Now you can argue that the strategic part of their investment was money down the toilet for MSFT since they failed to deliver their WinCE TV platform. But it still gave them a CHANCE at a deal with T, which they wouldn't have had without that strategic investment.