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Technology Stocks : How high will Microsoft fly?
MSFT 480.70+0.5%10:49 AM EST

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To: Sonny McWilliams who wrote (34595)11/22/1999 4:41:00 PM
From: Brian Malloy   of 74651
 
Yes, this suit in CA and NY is quite interesting.

I'm curious if the customer's of the ad agency suing MSFT can sue the agency for charging them too much. It seems that if you charge > MR=MC then you are open to being sued. Forget about the risk premium or anything else that the seller should have.

Perhaps the most asine aspect of this, if I remember the tobacco lawsuit correctly, some of these same state AJ that are suing MSFT tried to sue the tobacco lawyers in court for charging excessive fees once they found out how many billions they were going to make. It was clear that their take was exorbitant but the lawyers argued that they deserved it. The outcome regardless of the cases that went to arbitration or court, the lawyers got the money. Now these same hooligan's want to turn around and say that MSFT cheated consumers? Balderdash!

Just imagine how waco this all is, lawyers and government trying to set prices in a free market place. I think the Cold War in part has shown that centralized price controls are a bad idea.

Regards
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