Impressions Made at Trial
sjmercury.com
"Posted at 12:39 p.m. PST Tuesday, February 23, 1999
Microsoft exec tripped up on testimony
BY DAVID L. WILSON
Mercury News Washington Bureau
WASHINGTON D.C. -- The government's lead attorney in the ongoing antitrust trial against Microsoft Corp., accused a key witness for the company, Daniel Rosen, of fabricating his testimony, the first time he has made such a specific declaration in court. Rosen denied it, and moments later, after confronting proof, conceded it, as Judge Thomas Penfield Jackson stared stone-faced at the evidence.
It was just the latest stumble for Rosen, Microsoft's general manager for new technology. His performance on Monday so damaged his credibility that, as the trial reopened this morning and company lawyer Michael Lacovara was about to begin his redirect to try and rehabilitate Rosen, a chipper Judge Jackson greeted Lacovara by rumbling,....."
Hal
PS: To go long, to go short, to stand on the sidelines, or to head for the doors? It always seems darkest before the dawn, assuming of course the full light of day favors your side. Is it likely that the short-term MSFT investor's hoped for rise in share value may be postponed until the full implications of things come into perspective? In the intermediate-term, will MSFT continue to prosper but begin to sell at a lower PE over the next 24 months? In the long-term, will the unique product franchise survive intact? Should we all be looking elsewhere for the next big thing? |
