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Technology Stocks : How high will Microsoft fly?
MSFT 510.37+1.4%Nov 14 3:59 PM EST

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To: blankmind who wrote (35071)12/5/1999 3:56:00 PM
From: pagejack  Read Replies (1) of 74651
 
I may be mistaken but I believe that the DOJ has proved harm to the consumer. Judge Jackson made several specific findings of fact on that important issue. Those findings of fact can't be overturned on appeal so long as there is "substantial evidence" to support his findings.

Courts of Appeals rarely overturn trial judges on the basis of a lack of substantial evidence. So I would say that DOJ has gone a long way to showing harm to the consumer.

I am long MSFT and believe that it is a good investment regardless of the outcome of the litigation. However, I can't understand why so many individuals on this topic are in denial about the importance of Judge Jackson's findings of fact and the simple truth that DOJ presented evidence which, if believed (and Judge Jackson did believe it) supports those findings. On appeal MSFT does not get a second bite at the apple on the findings of fact.
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