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Technology Stocks : How high will Microsoft fly?
MSFT 492.01+1.3%Nov 28 9:30 AM EST

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To: Teflon who wrote (27519)7/29/1999 3:50:00 PM
From: John F. Dowd  Read Replies (2) of 74651
 
Teflon:This article in USA Today is probably what drew the extra rod of correction to MSFT. But I am not sure what the DOJ is doing here. Jackson hasn't even listen to concluding arguments much less made a decision. It seems to me that DOJ is trying to rattle MSFT to get them to cave in at the bargaining table. It is amazing how crudely DOJ is handling this. Actually as many of us agree MSFT will double in cap if split up. Look what happened when someone leaked that MSFT might spin off a net tracking stock. Bill is probably saying "Don't throw me in that briar patch Brer Klein". I doubt that Jackson or anyone else will go along with this "remedy"- this is not Standard Oil. There is plenty of access in and out of this industry. In fact this is not a fixed supply commodity. This is a business of innovation and marketing. The market is reading this all wrong. This is a last gasp effort on the part of DOJ indicating that absent the courtroom drama the DOJ case on paper does not look like it will stand the test of law and especially review by the Appeals Court. This rumor is a plus not a minus.

Feds set sights on Microsoft bust-up
The Justice Department is turning its attention to breaking up software giant Microsoft, after several failed attempts to settle a nasty antitrust battle out of court. Senior officials at the Justice Department have approached at least two leading technology investment banks in recent days, requesting a detailed analysis of how best to break up Microsoft. But both firms declined, worried about the impact of siding with a Justice Department that they say is viewed in the business community as interventionist. Closing arguments in the Microsoft antitrust trial are slated for September, and a ruling is expected later this year.

JFD
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