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Technology Stocks : Intel Corporation (INTC)
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To: wanna_bmw who wrote (164351)4/20/2002 6:20:29 AM
From: wanna_bmw  Read Replies (1) of 186894
 
I also like this kind of twisted logic. Who does Sanders think he's fooling? Seriously? Especially in contrast to his earlier testimony about the Intel "bad" monopoly, Sanders really starts to look like a fool.

           10     Q.  I got you.  Okay. 

11 But in your testimony you do talk about Quicken, do

12 you not?

13 A. Yes.

14 Q. And you talk about... In paragraph 24. If we can put that

15 up. It's on page 10 of your testimony. Page 10.

16 You talk about consumer choice. Do you see that line?

17 A. Yes, sir.

18 Q. Consumer choice would be reduced if an application like

19 Intuit's Quicken ran only on a particular OEMs version of

20 Windows; correct?

21 A. Yes.

22 Q. Now, if Microsoft integrated personal finance software, a

23 rival to Intuit's Quicken, that would in fact enhance

24 interoperability as you just testified; correct?

25 A. Yes.

1 Q. And if Microsoft bundled that and offered it with the

2 operating system, consumer choice would ultimately be limited,

3 would it not, sir?

4 A. No, not in my view. They could still buy Intuit as long as

5 you could still run Intuit on the Microsoft operating system.

6 Q. So anyone could buy Intuit as long as they wanted to pay

7 for a second personal financial software package; correct?

8 A. They would have to make an economic decision whether or not

9 the advantages of an alternative to what was incorporated in

10 the operating system was worth the money, that's true.

11 Q. And from your 33 years of experience you don't believe that

12 consumers will pay for something that cost money if they get it

13 for free, do you, sir?

14 A. Well, it depends on how good it is.

15 Q. And so if Microsoft -- scratch that.

16 Well, if Microsoft, therefore, integrates personal

17 finance software that's a rival -- that's a rival and it's free

18 with the operating system, Intuit will have a difficult time to

19 compete; correct?

20 A. If they don't have a better solution that cost less money

21 and saves the consumer money, that's right. That's called free

22 enterprise system.

23 Q. And under that free enterprise system, if Intuit was not

24 only an application but a platform threat to Microsoft,

25 Microsoft could use that integration to destroy any platform

1 threats to its operating system. Isn't that fair?

2 A. That calls for a conclusion I'm not qualified to make.


Sure, Jerry - Microsoft can give a "product" away for "free" to destroy a competitor, and that "enhances" the platform for the consumer. But if Intel gives discounts on microprocessors to keep their customers "loyal", then they are abusing their "monopolistic" powers. Do I have that right??

wbmw
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