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Technology Stocks : How high will Microsoft fly?
MSFT 492.01+1.3%Nov 28 12:59 PM EST

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To: Jim McMannis who wrote (39997)3/27/2000 6:33:00 PM
From: Captain Jack   of 74651
 
WASHINGTON, Mar 27, 2000 (AP Online via COMTEX) -- Some government
lawyers have expressed sufficient interest in a settlement Microsoft
Corp. has offered in its antitrust case that they expect a trial judge
at least to delay plans to deliver his verdict on Tuesday.

The 11th-hour proposal from Microsoft, faxed on Friday, was considered
generally inadequate in important areas by some of the 19 states in the
lawsuit. But it was provoking enough discussion among others on Monday
that a delay was widely expected, according to sources close to the
case who spoke on condition of anonymity.

Other sources with knowledge of the negotiations said nothing was
expected for at least 10 days. U.S. Assistant Attorney General Joel
Klein flew to New York for an unrelated meeting Monday night at
Columbia University.

U.S. District Judge Thomas Penfield Jackson earlier warned lawyers in a
private meeting that he will announce his decision on Tuesday absent
progress during settlement talks, which were being coordinated in
Chicago by a federal appeals judge, Richard Posner.

Some of the difficulties in evaluating Microsoft's offer stemmed from
the large number of plaintiffs. The Justice Department was discussing
Microsoft's 10-page proposal with states, and some states were
exchanging thoughts in a series of telephone conference calls Monday.

Jackson has signaled that he will rule strongly against Microsoft. He
issued the first phase of his verdict in November with blistering
findings that accepted nearly all the allegations against Microsoft.

In the upcoming phase, Jackson must identify which federal laws, if
any, Microsoft violated. If settlement efforts are fruitless, the judge
was expected to decide on sanctions after hearings later in the spring
or summer.

The Wall Street Journal reported Monday that Microsoft's offer includes
allowing computer makers to modify the blueprints to all current and
future versions of its Windows software to embed competitors'
technologies. The Journal said the offer also limits Microsoft from
rewarding or punishing computer makers by banning discrimination for
Windows' prices.
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