How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.26

-2.8%

2:07 PM EST

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To: John F. Dowd who wrote (38431)	2/23/2000 8:15:00 PM
From: John F. Dowd	Read Replies (1) of 74651

To All: Here is what we can thank the present administration for. This is the most anti US business Admin. that has ever been spawned. February 23, 2000 18:47 WTO body rules against U.S. export system-sources WASHINGTON, Feb 23 (Reuters) - In a decision that could strain U.S.-European trade relations, the World Trade Organization (WTO) appellate body ruled that a U.S. tax program affecting hundreds of billions of dollars of U.S. exports violated international rules, trade sources and industry groups said on Wednesday. The ruling was a major victory for the European Union, which launched the WTO dispute alleging that the 16-year-old U.S. Foreign Sales Corporations (FSC) scheme amounted to a $2.5 billion a year export subsidy to U.S. firms, with Boeing Co. and Microsoft Corp. among major beneficiaries. JFD

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