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Technology Stocks : How high will Microsoft fly?
MSFT 483.50+1.0%Jan 7 3:59 PM EST

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To: Jill who wrote (26362)7/16/1999 3:21:00 PM
From: Alan Buckley   of 74651
 
A day for cheer, patient investors. Near $100 at earnings as expected.

I *love* the $1 award in the Bristol case and applaud the MA jurors for recognizing a get-rich-quick con when they see one. If they can win Caldera as well, it will seriously dampen the "sue MSFT" mob mentality.

The internet tracking stock is a good idea. I hope they do it, and it certainly appears they will since they are re-categorizing their books. Microsoft would be able to offer one of the very few pure Internet stocks that is actually profitable. This could bring in a lot of people who refuse to invest in companies running in the red, and don't think there aren't a slew of them out there and with very deep pockets.

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WSJ: Microsoft Didn't Violate Antitrust Laws in Bristol Case
interactive.wsj.com

"BRIDGEPORT, Conn. -- A jury Friday found that Microsoft Corp. didn't violate antitrust laws in its dealing with a small Danbury software company.

The U.S. District Court jury did find, however, that Microsoft had committed deceptive practices in violation of the Connecticut Unfair Trade Practices Act, but awarded Bristol Technology Inc. just $1 in that claim."
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