MSFT Dividend Math

On it’s face a 9-cent dividend sounds pretty weak

Quite the opposite is true in Microsoft’s case. We need to keep in mind how many shares will receive those 9-cents. So, if you don’t have the number of outstanding shares offhand that’s fine, we’ll do some quick math.

Looking at Google Finance tells me that Microsoft’s market cap is $279.21 billion. ‘Market cap’ means market capitalization… which means ‘how much the company is worth’. Naturally, public company’s worth is based on their stock.

So, since we have Microsoft’s market cap we know that it’s calculated by taking the number of outstanding shares and multiplying it by the stock price.

Market Cap = Number of Shares x Price Per Share

Since we have 2 of the 3 numbers (market cap and price per share) we can essentially solve for the number of shares:

279.21 = 27.02x, or279.21/27.02 = Number of Shares

So, Microsoft has over 10 billion shares outstanding. We can then multiply that by our dividend of .09 and we realize that a whopping $900,000,000 will be returned to shareholders. It’s all about how you present these things. Which headline is more captivating:

Microsoft announces 9-cent dividend, or

Microsoft returns nearly $1 billion to investors

As you can see, even a penny from Microsoft is certainly no minor thing. See kids? Accounting can be fun!

PS: Gates holds a little over a billion shares. He’ll be receiving a check for a mere $92,474,940.24.

[tags]accounting, microsoft, dividend, money[/tags]

Age of Profanity

An AP article on profanity made me wonder: are swear words becoming mainstream? I was thinking about this last night while watching some ABC Family. I thought to myself: “this is what ABC considered ‘family’ material?” I suppose the downward spiral is inevitable. Besides, they’re just words right? Personally, I find it very hard to express myself on here sometimes becuase I choose not to use certain words. I think these colorful words have begun replacing thoughtful adjectives…

French Strikes

I sit and wonder what the youth of France think will be accomplished through their protesting. The Villepin legislation is meant to stimulate hiring by allowing companies to fire workers under 26 after two years of work. Sure, on it’s face that sounds a bit unfair. It even sounds like “we will let you hire temporary work at little cost to the employer:”

Detractors say the law gives employers license to use youthful workers for two years then drop them to avoid having to provide the social benefits attached to long-term contracts. Sixty-three percent of the French oppose Mr. Villepin’s decision to keep the law on the books, according to an opinion poll published Monday in the newspaper Le Monde. (NYT)

But to an employed student I don’t see why this isn’t viewed as an opportunity. As the old saying goes: “beggars can’t be choosers”, right? In a country full of unemployed students wouldn’t anything be better than nothing?

Apparently not. It seems that the attempt to give students jobs has been supported by strikes and closures throughout the country. I understand a desire to re-negotiate the legislation… but shutting France down in response seems a little… overdramatic?

Besides, over 63% of our country doesn’t approve of the President but are we flooding the streets? ;-)

Maybe that’s just me. Maybe someone will set me straight…

Speaker: Peter Behrendt

I had the privledge of listening to Peter Behrendt the other evening. Behrendt was CEO and Chairman of Exabyte and previously held executive positions at IBM. He was invited to speak to my management class on leadership skills. The following are his advice and thoughts:

The Biggest Inhibitor to Growth is the inability for companies to find managers capable of growing their business. In other words, people can be very good at doing their job, but not as many people are good at managing them.

Today’s technical skills have short half-lifes. The technology you learn today will be irrelevant in 5, 10, maybe even 2 years. Sure, it’s important to learn certain things now, but it’s more important to continue the educating yourself. Simply put: stay current.

You will move between many different companies. Obviously nobody has the opportunity to remain at a company for their entire life. On average, people will work for 7-10 companies in their lifetime. This has a huge impact on the skills you’re able to learn and the different interactions you’ll have in your professional life.

The 7 Habits of … People:

  1. Develop the best possible communication skills you can. Both oral and written communication apply anywhere you’ll go. Do your best to work on writing and speaking to people. Give presentations as often as possible and continue to improve.
  2. Learn to work well with people different than you. The world is full of diversity. The fact is, you’ll be working with people very different from you. There’s no way around it, in fact, you should strive to surround yourself with diverse groups.
  3. Develop a global perspective. In order to have a better understanding of the world and the people within it, you need to learn more about it. Plus, the world is becoming smaller. Your widgets are built in China with parts from Indonesia and you have global sales forces in Germany, and Japan. For beginners, reading the news is important.
  4. Develop zero-tolerance for unethical behavior. So many people do well by lying; don’t associate with these individuals. Don’t sacrifice your values and certainly don’t tolerate those individuals that will. “But if I come forward to my superiors I can lose my job.” A) Do you really want to work for those people? and B) You should never do anything that would cause anyone to distrust you.
  5. Learn to sell. Everyone has to sell. Job applicants sell themselves, entrepreneurs sell their ideas, and mangers sell their proposals. The ability to sell is crucial and goes hand in hand with communicating.
  6. Ask the right questions. If certain board members or executives asked the right questions there may be no Enron or WorldCom. If you don’t know, don’t be afraid to ask.
  7. Don’t take yourself too seriously. Life is too short to live too seriously. Too often we’re going to be in humorless environments. Don’t be afraid to have (an appropriate level of) fun. Plus, don’t work too hard, live a happy life and above all: be modest. He said this point applies to MBAs especially. I liked that.

Peter Behrendt came to the United States speaking only a few words of English. He attended UCLA and ran for Student Body President. He figured it’d be a great way to develop his speaking and language skills. His opposition criticized him and noted “do you really want a President who can’t even pronounce (some word) correctly?” His response was: “Yes, you’re right… and I make that mistake in 7 other languages, too.”

He won the election.

[tags]management, leadership, skills, business, success, communication[/tags]

Education Sucks

I really despise our public school systems. For someone as un-smart as myself I’ve figured out how to “beat” them… that says a lot. Oh, and (as mentioned in Paul Graham’s article) our schools act more like prisons. Oh, and now we’re only going to teach the few things fom the national tests. Oh, and I can go on all night. Excuse the blunt remark but as far as education (and remaining competitive) is concerned: the U.S. is fucked.

MySpace: The Internet’s Dark Alley

I’ve figured it out: MySpace sucks becuase so many people are on it. Yet, there’s no underlying commonality that anyone shares. Well, except the fact they’re social, they’re bored, and they like to spend time online…

Facebook is about college students, parties, pictures, and hook-ups. Linked In is about professional connections, finding jobs, and building an online presence. 43 places/things/people is perfect because you find people based on the same interests/things/places. MySpace? People make profile’s becuase…um… everyone else already has?

This sucks because social circles overlap– nay, they collide. Children collide with creepy men. Stalkers collide with pretty women. Rapists and murderers collide with… well, each other (interestingly enough, MySpace was both the problem and the solution in this latest case).

Honestly, what little good has come from MySpace? Sure, you keep in touch with people you otherwise wouldn’t have. But can’t you can do that with email, instant messaging, photo sharing, etc? I already mentioned the ‘cons’ to this crappy site. What is it that keeps teens on it? What benefit out-weighs all the nonsese?

Oh, right: freedom. This article is a great analysis of why teens are hanging out in the “alley”.

By going virtual, digital technologies allow youth to (re)create private and public youth space while physically in controlled spaces. IM serves as a private space while MySpace provide a public component. Online, youth can build the environments that support youth socialization.

The internet is one of the only places the adults aren’t monitoring. Hah… well, they weren’t. As the groups collided people become very interested. I wonder how many parent’s are oblivious to their child’s internet activities…

On top of that, I think one big factor in MySpace’s popularity is the ability for MySpace to parallel the typical teenage social “values” (read: being anything other than a nerd).

The main reason nerds are unpopular is that they have other things to think about. Their attention is drawn to books or the natural world, not fashions and parties…

It’s true. Instead of focusing on school, learning, reading, playing, biking, hiking, etc., kids have become ever-so focused comments and friend counts. For example, “comments”, as mentioned in this article, are social dollars… and, in the case of MySpace, money does buy happiness. If you have a picture of yourself drinking, you’re cool. Do you have 927 friends? You’re very cool. I find this very sad. Who’s to blame? Adults and school (read Paul Graham’s article).

I wish some hackers (similar to ‘V’ from Vendetta) would figuratively blow up MySpace. Unfortunately, the’re too busy filling out ’50 question’ quizzes on their friend’s bulletin space…

References:
Danah Boyd. “Identity Production in a Networked Culture: Why Youth Heart MySpace.”
Paul Graham. “Why Nerds Are Unpopular.”

[tags]myspace, sucks, social networking, society, education[/tags]

Jeremy’s Reflections, Thanks

Hah, I have one of the coolest bosses ever. I use the term ‘boss’ a big liberally because I only work a few hours a month with him. Jeremy Wright, author, entreprentur, blogger, and all-around cool guy has reflected on his last 6 months running his (very successful) blog network. How do I know it’s successful? I’m the guy who crunches the numbers and tells Jeremy how much to pay each of his 50-plus bloggers. I almost forgot blogging could be so lucrative (I shoot to earn $1/day with my Adsense). In any case, I appreciated his mention. From one guy to another I realize how tricky it may be to express any kind of feelings so I appreciate his… appreciation. I, too, look forward to the next 6 months.

Gmail for Domains Review

Today I received my invitation to manage my email through Gmail. If you hadn’t heard about this (beta) service yet, you’re either Nick or you live in a Google-free cave.

At first glance, it’s so simple and effective. First off, I decided I should try this because I hate my current webmail alternative (for devinreams.com). I thought, “hey, if Gmail works so well with my other email why wouldn’t I want to try this?” So, I have. I switched my MX domain and during dinner everything was updated and functioning. I quickly enabled POP support and was downloading my email through Outlook. The best part is that my email is now stored on Google’s servers. Sure, you may be hesitant, but for me this is very important. I started finding myself missing email conversations becuase when I send them, they’re only saved on my PC. That sucks.

But, enough about that, here is some of the goodness:

Administrator’s Dashboard

dashboard

The administrator’s dashboard is pretty simply. One interesting note: my account plan is ‘Free’ which means I get ‘Up to 10 users free’. I assume a value-added premium service is in the works.

Users

createuser

userlist

Creating users is very straight-forward. First name, last name, email address and set a password. The AJAX-y goodness is definitely a big part of the awesome ease-of-use this service presents.

Email Lists

emaillist

You can also create email lists. This is pretty neat because I can create, for instance, a [email protected] that emails the entire management. Very neat but you can’t limit access to mailing to the list (unlike Google Groups).

settingsDomain settings

As far as the sign-in page is concerned you can ‘personalize it’ by changing the sign-in box’s color and a logo (see this page for an example, versus mine). Apparently when I try to change anything I’m greeted by a blank page… so, a work in progress I suppose. Plus, you can dis/allow the use of user emails for Google Talk.

So, in short, it only took me two minutes to set this up. The domain information synched while I ate dinner and I had fully-Google-managed email running in less than 10 minutes. It actually took me longer to write this blog post than set up my account. I’m happy to have spam-free email though, now. If you’d like to take a look and play for yourself, feel free to leave me a comment…

MySpace Ads Suck, Part II

If you haven’t noticed, I don’t like MySpace very much (read MySpace Ads Suck). Just like I don’t like AIM (devinhatesaim is really my screenname). To me, AIM is to MySpace as Google Talk is to Facebook. Anyway, MySpace’s big ugly website and ads still suck.

Apparently those terrible wastes of space –yes, the ads that mix and blend in with the content– are apparently one of the main reasons companies are leery of advertising on MySpace. Don’t believe me? Read this page and this quote:

“We’re being cautious because there’s a blurring between advertising and content, and the content does rub off on your brand.”

-Dawn Hudson, president and CEO of Pepsi-Cola North America

It’s hard always being right…