Microsoft Stock Buyback
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What is significance of repurchasing 808,080,808 shares? What THAT number specifically? I invite speculations.
Any sufficiently gross incompetence is nearly indistinguishable from malice.
Trying to match Google's geekyness of their IPO being for $2,718,281,828?
--Mike-- Visual C++ MVP :cool: LINKS~! Ericahist | PimpFish | CP SearchBar v3.0 | C++ Forum FAQ
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They are actually buying back $20 billion dollars worth of shares. If the shares are priced at the high end of the range they specified in the offer ($22.50 to $24.75), 24.75 * 808080808 is within rounding error of $20 billion. So 808080808 is the minimum number of shares they would buy back. Neil Van Eps "Staging servers are for compulsive bed-wetting types." - Chris Maunder
Last modified: Tuesday, August 08, 2006 4:21:33 PM --
Neil Van Eps wrote:
$22.50 to $24.75
crap. think they could bump it up to $27.50 for me?
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What is significance of repurchasing 808,080,808 shares? What THAT number specifically? I invite speculations.
Any sufficiently gross incompetence is nearly indistinguishable from malice.
It's the bilionaires fun of creating palindromes.
regards, Mircea Many people spend their life going to sleep when they’re not sleepy and waking up while they still are.
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What is significance of repurchasing 808,080,808 shares? What THAT number specifically? I invite speculations.
Any sufficiently gross incompetence is nearly indistinguishable from malice.
Blake Miller wrote:
808,080,808
maybe they're fond of old-school drum machines
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They are actually buying back $20 billion dollars worth of shares. If the shares are priced at the high end of the range they specified in the offer ($22.50 to $24.75), 24.75 * 808080808 is within rounding error of $20 billion. So 808080808 is the minimum number of shares they would buy back. Neil Van Eps "Staging servers are for compulsive bed-wetting types." - Chris Maunder
Last modified: Tuesday, August 08, 2006 4:21:33 PM --
Do you reall have to destroy the inspiration for great conspiracy theories with something as mundane as division? Sheesh... :rolleyes:
We are a big screwed up dysfunctional psychotic happy family - some more screwed up, others more happy, but everybody's psychotic joint venture definition of CP
Tree in C# || Fold With Us! || sighist -
What is significance of repurchasing 808,080,808 shares? What THAT number specifically? I invite speculations.
Any sufficiently gross incompetence is nearly indistinguishable from malice.
I'm more than sure its the intel 8080, then another 8^ just for the kicks, and then today's month number and day number. Any better ideas?? ^EDIT: or maybe not just for the kicks. maybe its the 8-bit processor that the 8080 was... -- modified at 18:22 Tuesday 8th August, 2006
rara avis in terris
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Trying to match Google's geekyness of their IPO being for $2,718,281,828?
--Mike-- Visual C++ MVP :cool: LINKS~! Ericahist | PimpFish | CP SearchBar v3.0 | C++ Forum FAQ
Yeah Google chose 'e', when most .com's ended up with 'i'.
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Yeah Google chose 'e', when most .com's ended up with 'i'.
5! :laugh:
--Mike-- Visual C++ MVP :cool: LINKS~! Ericahist | PimpFish | CP SearchBar v3.0 | C++ Forum FAQ
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Neil Van Eps wrote:
$22.50 to $24.75
crap. think they could bump it up to $27.50 for me?
I know what you mean. I need to see what my basis is or else I am going to opt out if that is lower than what I paid. However, I know I purchased my shares prior to that last 2:1 split so I am probably okay.
Any sufficiently gross incompetence is nearly indistinguishable from malice.
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They are actually buying back $20 billion dollars worth of shares. If the shares are priced at the high end of the range they specified in the offer ($22.50 to $24.75), 24.75 * 808080808 is within rounding error of $20 billion. So 808080808 is the minimum number of shares they would buy back. Neil Van Eps "Staging servers are for compulsive bed-wetting types." - Chris Maunder
Last modified: Tuesday, August 08, 2006 4:21:33 PM --
One idea is to use your math, but explain the source of the numbers differently: they might have wanted the 'magic number' and said they would purchase 'near market value' and then come up with the 20 billion figure.
Any sufficiently gross incompetence is nearly indistinguishable from malice.