Monday, August 18, 2008

Microsoft Share Repurchase / China Competition

The calls for the company to unveil a massive stock buyback are growing louder; some want the company to repurchase $15-20B worth of shares (which would still leave it w/enough money to make another run at YHOO) while certain analysts want a more aggressive $50B repurchase. Barron's

To face a new competitor to its Office suite of programs in China – and its not piracy. China-based Evermore Software is expected to release its latest Office competitor in late August. Evermore Chief Executive Gus Tsao said he's prepared to pursue Microsoft under a new anti-monopoly law that took effect in China on Friday. Marketwatch. http://www.marketwatch.com/news/story/story.aspx?guid=%7B003EE721%2D6F19%2D42DC%2DA99F%2DFA0C60BFAB9B%7D&siteid=rss

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