Microsoft stock options aim at morale; issuance at lower share price is intended to placate software giant's staff

Article Abstract:

As market volatility and concerns about the antitrust suit weigh Microsoft share prices down, the company is repricing options for 70 mil shares at $66.25. Many employees receive options as part of their salary. With the recent decline in stock prices, the options granted recently were valued at more than stock was trading for. Microsoft employs about 34,000. This option grant will cost the company about $1.9 bil. With this move, Microsoft hopes to keep employee morale up and avoid employee turnover.

Personnel administration, Stockholder data, Management, Securities, Company securities, Employee stock options

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Microsoft agrees to buy Bungie Software

Article Abstract:

Microsoft has possibly paid between $20 and $40 million for Bungie Software Products to open the software giants' production of the X-Box video game console. With a flourishing game industry, Microsoft is jumping into the computer hardware fray with the company that makes "Minotaur," "Myth," "Marathon" and soon to be released, "Halo". Bungie's founder Alex Seropian has led his company into the popular 3-dimensions of high-speed action games which might give Microsoft a leg up on competitor Sony's PlayStation 2. Microsoft hopes to garner one-fourth of the games market for its X-Box project.

Acquisitions & mergers, Human resource management, Mergers, acquisitions and divestments, Company acquisition/merger, Computer games, Seropian, Alex, Bungie Software Products Corp.

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Microsoft posts sharply lower earnings; fiscal 4th-quarter revenue was up 13%, but forecast for 1st period is gloomy

Article Abstract:

Microsoft's fiscal fourth quarter, ending June 30th, yielded revenue gains of 13% in its core operations, $6.58 billion, in spite of the slowdown in related segments all around it. Higher profits from Windows 2000 over Windows 98 helped, but forecasting the next quarter isn't quite as optimistic. Sales of Windows XP could be critical.

Sales, profits & dividends, Systems Software Pkgs (Micro), Finance, Prices and rates, Operating system, Operating systems (Software), Operating systems

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