How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 479.20

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To: Ibexx who wrote (39712)	3/24/2000 9:08:00 AM
From: Road Walker	of 74651

FWIW: Friday March 24 8:23 AM ET Microsoft to Make Settlement Proposal NEW YORK (Reuters) - Microsoft Corp. (NasdaqNM:MSFT - news) on Friday is expected to make a far-reaching offer to settle the government's antitrust case against it as prosecutors step back from demands that the software giant be broken up, USA Today reported Friday. If Microsoft's proposal is sufficiently broad, it could result in top-level negotiations this weekend in Chicago, the paper said. The talks might even include Microsoft Chairman Bill Gates, Assistant U.S. Attorney General Joel Klein and Judge Richard Posner, who has been serving as mediator. Speak your mind Discuss this story with other people. [Start a Conversation] (Requires Yahoo! Messenger) But if the proposal is deemed too narrow by the government, it could doom the four-month-old negotiations and place the case back with U.S. District Court Judge Thomas Penfield Jackson, USA Today said. A spokesman for Microsoft was not immediately available to comment on the report. Jackson ruled last year that Microsoft had abused monopoly power in its Windows computer operating system, harming consumers, customers and other companies. Word that negotiators may be nearing a settlement that does not involve the breakup of the world's largest software company sent shares of Microsoft about 8 percent higher on Thursday. They closed up 8 5/8 at 111 7/8 in heavy trading on Nasdaq.

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