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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Michael Bakunin who wrote (51437)3/11/1999 5:21:00 PM
From: Michael Bakunin  Read Replies (1) | Respond to of 132070
 
From Twister (my response follows):
Michael, thanks for the link. MSFT is playing by the rules that have been set up. It sounds like you have a quarrel with the way they are using options volatility. This surprises me because they usually err on the side of conservatism. Could you further explain how the volatility figure effect the calculation.

Having said that, even if you flow the $1.6 billion through the income statement, they have an operating margin of 33%. And of course, there would be many less shares outstanding. Forgive me but I don't see a calamity here and I will wager that there are far WORSE abusers out there.