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Microsoft Financial Fraud Update

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  • Ismet Kursunoglu
    (sounds like some of the principles that ESR was presenting last week at USC) The fundamental problem is that Microsoft is incurring massive losses and only
    Message 1 of 1 , Dec 13, 1999
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      (sounds like some of the principles that ESR was presenting last week at
      USC)

      "The fundamental problem is that Microsoft is incurring massive losses
      and only by accounting illusions are they able to show a profit.
      Specifically, Microsoft is granting excessive amounts of stock options
      that are allowing the company to understate its costs. "

      http://billparish.com/msftfraudfacts.html
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