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  Stock-swap programme costs Microsoft millions
Time: 07:09 EST/12:09 GMT | News Source: ZDNet UK | Posted By: Byron Hinson

Microsoft's stock-option exchange programme has cost the company over $600m, but profits remain healthy in its client and information worker units. Hit with a stock-option transfer programme and higher payroll costs, Microsoft's server and tools business posted a hefty operating loss in the December quarter.

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#1 By 2960 (156.80.64.137) at Monday, February 09, 2004 08:55:09 AM
Ok, so the Employee's got some for a change. Good for them!

TL

#2 By 135 (209.180.28.6) at Monday, February 09, 2004 11:29:45 AM
It's still a lot cheaper than the stock swap programme Enron did.



 

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