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Technology Stocks : How high will Microsoft fly?
MSFT 480.82+0.6%3:59 PM EST

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To: DiViT who wrote (41248)4/5/2000 2:24:00 PM
From: puborectalis  Read Replies (1) of 74651
 
Yahoo:The judge in the Microsoft Corp. (NasdaqNM:MSFT - news) antitrust trial on Wednesday set May 24 for an expedited hearing on remedies in the case.

Earlier this week Federal District Judge Thomas Jackson found that Microsoft violated the nation's antitrust laws by illegally abusing its monopoly power over the operating system for personal computers.

Jackson ordered that the Justice Department and the 19 states which brought the case may file separate briefs if they cannot agree on an approach.

``The plaintiff states shall file any single proposed form of permanent injunction preferred by a majority of the plaintiff states if at variance with the version proposed by the United States,' Jackson ordered.

Jackson set April 25, or at the latest April 28, for a filing of the proposed remedies by the Justice Department and states.

Microsoft is to reply by May 10 and the Justice Department and the states are to reply by May 17.
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