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Technology Stocks : How high will Microsoft fly?

MSFT 488.75

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To: johnd who wrote (30940)	10/20/1999 1:04:00 PM
From: J. P.	Read Replies (1) of 74651

Microsoft Ruling Won't Be Issued for at Least a Week www.bloomberg.com Washington, Oct. 20 (Bloomberg) -- The judge in Microsoft Corp.'s antitrust case won't be ruling on whether the software giant is a monopoly for at least nine days, said a court spokesman who clarified an announcement that the decision will be released on ``a Friday.' Court press liaison Joseph Alexander said U.S. District Judge Thomas Penfield Jackson instructed him to state that the ruling will not be issued Friday. Announcements posted yesterday on the U.S. District Court's official World Wide Web side and placed on its media telephone recording said that the findings would be issued ``on a Friday evening at 6:30 p.m.' The announcement raised the possibility that Jackson's decision could be issued as early as Friday. Alexander said he would not be providing weekly guidance about whether the opinion would issue on a particular Friday. The judge will notify the parties two hours before the decision is to be issued. A recorded notice will be placed on the media telephone line at 4:30 p.m. on the Friday the decision is to be issued. Jackson, who presided over nearly five months of testimony, is being asked by the U.S. Justice Department and 19 states to find that Microsoft has a monopoly over personal computer operating software. The government contends that Microsoft has taken steps to protect this monopoly by seeking to prevent rivals like Netscape Communications Corp., now part of America Online Inc., from distributing competing products. Microsoft denies the charges, arguing it is besieged with competition. Such findings would provide an strong indication of how Jackson would rule on the legal issues in the case. To see the notice about the release of the Microsoft opinion: dcd.uscourts.gov.

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