Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Exacctnt who wrote (64248)	1/18/2002 6:55:15 PM
From: Dave	Read Replies (1) \| Respond to of 74651

As usual your grasp of financial matters is lacking. Oh aren't you clever? It would cost MSFT $666M after taxes on a billion dollar settlement. No, you don't understand. That's why I put "one billion dollar settlement" in quotes. That sham of a settlement was never going to cost them $1B; that was just a number that Microsoft made up to sound magnanimous. It would have only cost them $660M (you may recognize that number from their recent disappointing earnings announcement). But after taxes, that number becomes $440M. Convert it to per-share figures and maybe it will all come back to you. Or just go re-read the post I was responding to. Unless you think they are in 56% tax bracket. The IRS might not allow the deduction though, since Extortion as an expense may not be deductible. More sparkling cleverness. I'm sure we're all gushingly proud of you. Dave