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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%Nov 21 9:30 AM EST
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To: J. P. who wrote (31098)10/26/1999 5:04:00 AM
From: RTev  Read Replies (1) of 74651
 
I'm baffled as to the reasoning behind this, beyond it being a way that the government can toy with Microsoft and it's sharholders.

Oh come now. I've become accustomed to irrational and paranoid comments about the case on this thread, but consider the alternative. Would you rather face uncertainty about the decision every day of the week for several weeks? If Jackson hadn't made that vague announcement, we'd be dealing with an endless stream of rumors about the decision from various websites. One or another would be telling us every day that they have it "on good authority" that the decision would be issued today or tomorrow.

The announcement makes it clear that the decision will not come in the middle of the week. It decreases the level of uncertainty. I would have thought folks would consider that to be a good thing.

And why make the announcement on earnings day? Pick another day when it would have had less impact. He picked a day when the news would be nearly buried in the flurry of reports on Microsoft's earnings.

And why pick a Friday? Because that's the one day when there is time for the market to digest the significance of the news -- whatever it might be. It gives Microsoft's magnificent spin-meisters ample time to react and comment.
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