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Technology Stocks : How high will Microsoft fly?
MSFT 473.74-1.0%1:40 PM EST

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To: cheryl williamson who wrote (47165)6/22/2000 3:52:00 PM
From: Jim Lamb   of 74651
 
Microsoft, U.S. agree on Supreme Court schedule
WASHINGTON, June 22 (Reuters) - Microsoft Corp. (NasdaqNM:MSFT - news) and the Justice Department Thursday agreed on a briefing schedule before the Supreme Court in the company's antitrust case.

The Justice Department wants the Supreme Court to hear the case immediately, while Microsoft wants the high court to first send the case down to the U.S. Court of Appeals.

``The parties have agreed to a briefing schedule,'' said Seth Waxman, the Justice Department's solicitor General, in a letter to the clerk of the high court.

Waxman, the government's chief advocate before the Supreme Court, wrote that the parties agreed that Microsoft will file with the high court on July 26th, that the government will answer on Aug. 15, and Microsoft will file its reply -- if any -- on Aug. 22.

The written materials will help the high court decide whether to hear a direct appeal from the trial verdict. A U.S. District Court found this month that Microsoft violated the nation's antitrust laws and should be split in two.
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