How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 479.76

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12:46 PM EST

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To: The Duke of URL© who wrote (47055)	6/20/2000 4:29:00 PM
From: ericneu	Read Replies (1) of 74651

From news.cnet.com Judge sends Microsoft case to Supreme Court By Joe Wilcox Staff Writer, CNET News.com June 20, 2000, 1:05 p.m. PT WASHINGTON--A federal judge this afternoon sent the Microsoft antitrust case for direct appeal to the Supreme Court. U.S. District Judge Thomas Penfield Jackson accepted a government petition that would, at least temporarily, remove the case from jurisdiction of the local appeals court. In a move that could be viewed a victory for both the government and Microsoft, Jackson also temporarily stayed business restrictions that had been set to go into effect on Sept. 5. For Microsoft, the stay removes the immediate threat of radical changes to how it conducts its business. For the government, it removes a deadline that could have compelled the Supreme Court to kick the case back to the appellate level without having time to review its merits. Jackson certified the direct appeal under the 1974 Expediting Act, which authorizes such action for cases of national importance. The high court is under no compulsion to accept the case and is expected to make a decision before the first week in October.

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