How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.03

+0.5%

3:59 PM EST

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To: sandeep who wrote (45115)	5/23/2000 4:14:00 PM
From: miraje	Read Replies (2) of 74651

sandeep, Thanks for posting that article. Luskin is right on the money. From the article: The antitrust laws were designed a hundred years ago to protect farmers from the market power of government-subsidized railroads. Klein is powerful -- and dangerous -- because the application of antitrust laws to technology companies acts like deadly poison on the fundamental principles of technology economics. And these principles are what create all the upside for investors. ...because what makes Klein especially dangerous is that the antitrust laws are entirely subjective. There is no strict definition of a "monopoly," and no objective test to determine if a particular company is one. So investors have no way of knowing which company or industry will be Klein's next target. That kind of uncertainty isn't good for technology companies, technology consumers, or technology stock prices. It's kinda funny that the MSFT haters posting here keep on cheering the DOJ while watching their own portfolios head south at a rapid rate. For some reason they don't seem to be able to grasp the big picture, or the principles involved. -JB

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