How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 510.37

+1.4%

Nov 14 9:30 AM EST

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To: John F. Dowd who wrote (34136)	11/17/1999 5:31:00 PM
From: Art Bechhoefer	Read Replies (1) of 74651

Why did Gore fight to prevent the Europeans from interfering with the Boeing-McDonnell Douglas merger? Because Airbus, as John notes, was a subsidized operation, and capable of underpricing Boeing at any time Airbus' benefactors decided it was in their interest. That included providing government loans at low interest rates and long term repayments - far better terms than any unsubsidized corporation could offer. Airbus, in fact, was capable of exerting control over the market for commercial aircraft in a manner quite analagous to the behavior cited in the court's fact finding on Microsoft.

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