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Politics : Formerly About Applied Materials
AMAT 235.13+2.2%Nov 10 3:59 PM EST

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To: Gottfried who wrote (32599)9/23/1999 10:04:00 PM
From: Proud_Infidel  Read Replies (4) of 70976
 
G,

Yes the market is shaky but again, it is not Ballmer's position to determine where the stock market should be. Today's action only serves to possibly further the government's case against MSFT since who else wields such power as to bring the Nasdaq down by near record levels? He may be doing himself and MSFT shareholders a disservice if in fact the govt. can use examples like today to argue that MSFT has too much power. I was not a believer but am rapidly moving to the other camp!

But in the end it comes down to one simple point: Ballmer breached his Fiduciary Responsibility to his shareholders. His job is to create shareholder value- if it goes to extremes, it's the market's job to unwind it, not his.

Brian
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