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To: Cynic 2005 who wrote (24542)10/4/2000 3:00:12 PM
From: KeepItSimple  Respond to of 436258
 
The question is, how much has dHell lost playing the market? I know they were always my favorite since for the last few years they made more income through selling puts than they did selling computers. How bad are they hurting?

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so - Soft had to shell-out about $4 billion from their cash (too bad they can't print more stock to offset the put warrant exercises). On top of that, the paper loss on these options is about $3 bil. So it is a net $7 billion hit to softy! It is not chump change even for mighty Soft!



To: Cynic 2005 who wrote (24542)10/4/2000 3:04:13 PM
From: per strandberg  Read Replies (1) | Respond to of 436258
 
MSFT Put Warrants

It is company specific!
It is a one-time-event!

According to the (nowadays) generally accepted accounting procedures, the hurricane will be a storm in a tea cup.



To: Cynic 2005 who wrote (24542)10/4/2000 5:02:52 PM
From: Earlie  Read Replies (1) | Respond to of 436258
 
Cynic:

Yes indeed and it couldn't happen to a better gang.

Your comments bring back a strong remembrance of the remarkable heat I took when I first wrote about the employee option scam (threats of suits, etc.). So did Bill Parish, who did an excellent job of bringing this scummy mess to the light of day.

While I am not one to hold grudges, I certainly hope that the public comes to really understand how this scam works. Frankly I do not expect that to happen. It is nice to see the stock starting to respond to reality.

Best, Earlie



To: Cynic 2005 who wrote (24542)10/4/2000 10:59:35 PM
From: Perspective  Read Replies (1) | Respond to of 436258
 
Yeah, that $7B doesn't look all that bad compared to the pile of cash they have, except that it wipes out an entire years' net income and then some.

Of course it's just a "one-time charge"...

BC



To: Cynic 2005 who wrote (24542)10/5/2000 12:06:18 AM
From: Mama Bear  Read Replies (1) | Respond to of 436258
 
"Soft had to shell-out about $4 billion from their cash "

Don't you read this "The outstanding put warrants permit a net-share settlement at the Company's option and do not result in a put warrant liability on the balance sheet." as allowing them to print shares rather than to pay out cash?

Regards,

Barb