Newswire: June 8, 2000 In a surprise move, Microsoft Corporation announced that it has applied for a change in status from commercial entity to a religious organization. Financial analyst at Pain-Webber Associates applauded the move, “When their quarterly SEC 10-Qs said that a possible restructuring of business functions was possible, nobody guessed this.” He added “Leave it to Microsoft to innovate corporate structures.” NASDAQ officials were in full support of the filing: “We are, and frankly have been for sometime, ready to address to needs of the emerging publicly traded religion sector.” Still other analysts were not so positive. An anonymous source at Merrill Lynch complained it would be too hard to find accurate metrics to judge the success of […]
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