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Technology Stocks : How high will Microsoft fly?
MSFT 483.65-0.8%Dec 31 3:59 PM EST
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To: t2 who wrote (62643)11/6/2001 3:05:18 AM
From: Dave  Read Replies (3) of 74651
 
I can understand why California would oppose this deal but it makes no sense for the smaller states to waste time on this.

Yes, California's opposition is a given because there are many MSFT competitors here, both alive and already killed by MSFT's anticompetitive acts. But don't forget that every state has computer customers, and those people are giving many billions of dollars every year to MSFT. If MSFT had to compete in a free marketplace, that cost would most likely be a few billion dollars less. If I were a state AG, I would say that a few billion dollars in ill-gotten gains is worth correcting.

Of course, Enron has a few billion dollars of California's hard-earned money too, and since it's being run by a friend of Dubya, and investigated by the SEC's Harvey Pitt, another friend of Dubya, nobody expects justice to be served there.

Dave
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