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Technology Stocks : How high will Microsoft fly?
MSFT 477.51-1.2%11:30 AM EST

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To: David Howe who wrote (65802)3/6/2002 9:15:26 PM
From: jonkai   of 74651
 
the author made three very obvious errors, one: MSFT will have to pay for the states legal costs, they've already promised settling states this, and the other states will insist on it also.... since MSFT lost the case, and wants to settle....

Two: arguing that pension funds were poorly invested by not diversifing (especially from such an overpriced stock, like Bill Gates is doing) will not get them very far in front of any judge.....

three: the states have already secured a venue and new court hearings so that those "draconian" measures will be heard by this judge.... and these new remedies go even farther than what they proposed to Richard Posner...... so in the end, MSFT is the one that will wish they had settled back then.....

jon.

Continuing to drag out the case is economically irrespondsible.Americans have already paid at least 35 million in costs at the federal and state levels for the antitrust enforcement against Microsoft. By it's own estimate, the California attorney general 's office has already put in 4,422 hours of work into the case, costing taxpayers 1.4 million. That is too much at a time when the state's government is so cash starved that it has announced that it is raising the sales tax.
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