"Microsoft passed a significant milestone in its financial history on Monday as it turned to the bond market for the first time, raising $3.75bn to add to its already sizeable cash pile." (Financial Times)
Those of us who sympathise with Xerox shareholders who lost the fruits of their fine research program when Managers instructed the Researchers to hand over the fruits of their research to Jobs, so Apple came into existence, hiring Gates to write software whence he also acquired the ideas that enable todays web, can laugh or cry.
Gates's inferior product MSDOS was used to power the IBM PC, the superior DRDOS was not offered. IBM failed in a Capitalist duty.
Gates has been getting patents for software that should be obvious to any competent engineer. He has brought the whole idea of patents into disrepute.
And talk about rip off! He sells operating systems to suckers for £70 that he is pleased to sell for £7 to people he wants to help control.
This latest Bond issue does show that Gates is a first rate stock market rip off artist, possible on a par with that King of the stock market rip off Joe Kennedy. He is borrowing at a low interest rate ready for buying businesses dirt cheap when the Market realises the fools paradise it is rising in. His insurance if he has read it wrong is that Hyperinflation will wipe out this debt he has acquired to another set of suckers.
That lot triggered by
http://www.ft.com/cms/s/b4567b4a-3e48-11de-9a6c-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fb4567b4a-3e48-11de-9a6c-00144feabdc0.html&_i_referer=
which you have to subscribe to or go to a library to read whole.
Gates's inferior product MSDOS was used to power the IBM PC, the superior DRDOS was not offered. IBM failed in a Capitalist duty.
Gates has been getting patents for software that should be obvious to any competent engineer. He has brought the whole idea of patents into disrepute.
And talk about rip off! He sells operating systems to suckers for £70 that he is pleased to sell for £7 to people he wants to help control.
This latest Bond issue does show that Gates is a first rate stock market rip off artist, possible on a par with that King of the stock market rip off Joe Kennedy. He is borrowing at a low interest rate ready for buying businesses dirt cheap when the Market realises the fools paradise it is rising in. His insurance if he has read it wrong is that Hyperinflation will wipe out this debt he has acquired to another set of suckers.
That lot triggered by
http://www.ft.com/cms/s/b4567b4a-3e48-11de-9a6c-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2Fb4567b4a-3e48-11de-9a6c-00144feabdc0.html&_i_referer= which you have to subscribe to or go to a library to read whole.
