http://www.portlandtribune.com/archview.cgi?id=9726

"Wage expense at Microsoft exceeded $22 billion for the two-year period
ending June 2001, and not a dime of this amount is charged against its
earnings. Showing this expense as a charge to earnings would indeed make
Microsoft, like Enron, an unprofitable company."

(An older, but more detailed, analysis can be found at
<http://www.billparish.com/msftfraudfacts.html>.)

-- 
Ben Scott <[EMAIL PROTECTED]>
| The opinions expressed in this message are those of the author and do not |
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| organization.  All information is provided without warranty of any kind.  |


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