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Technology Stocks : Novell (NOVL) dirt cheap, good buy?

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To: Scott C. Lemon who wrote (28823)11/7/1999 5:58:00 PM
From: Bearded One  Read Replies (2) of 42771
 
> I don;t think that the issue is to *remove* MSFT at all but to
>make it obey the laws of the land..

... of the moment. ;-)


Fair enough. Jackson makes clear (though technically only factually, not legally) that he is using very traditional definitions of monopoly and unfair competition. So 'the moment' has lasted from the creation of the Sherman Antitrust act, through today. So we're talking about a century, now.

In general, you are also right that it is impossible to predict the future, which calls into question economic-based laws. But we still place constraints on behavior as a combination of 'best-guesses' as to what works given historical evidence, and also a consensual-though not unanimous-sense of fair play. And at the end of the day, you have to follow the rules whether or not you like them or think them outdated.

Lots of gung-ho computer-jockeys (an oxymoron if there ever was one) like to think that they're special, that the rules don't apply to them. We forget that common thieves think that way, too. They can't afford fancy lawyers and Cato institute economists to draw up academic justifications for their behavior, however.
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