Here is my FA analysis:
As of Mar, 31, 08
In thousand Dollars
Current Assets
Cash And Cash Equivalents 3,904,966
Short Term Investments 1,113,018
Net Receivables 11,201,054
Long Term Investments 34,695,146
Total Liabilities 45,545,724
Preferred Stock 10
So we get the net working capital: 5,368,450,000
and the shares outstanding: 179.04M
the net working capital per share: 29.98
current price is even far below net working capital per share.