Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Cynic 2005 who wrote (3644)	8/3/1997 7:14:00 PM
From: Joan Osland Graffius	of 94695

Mohan, RE: MSFT. It will be interesting to see how the world views MSFT tomorrow. They just got the last all clear from the US government and are entering the TV-entertainment business. The DOJ at 4:29 pm Friday did a press release approving the Web-TV purchase, and a 7:29 pm a MSFT press release that communicated the deal was done. Since this was simply a stock transaction the MSFT CFO would only have to transfer X shares of stock to the WebTV guys. I wish I could remember where the MSFT stock was trading when the deal was made - it must have been somewhere south of $100 and I am sure there were risk considerations. Anyway, both the FCC and DOJ are giving "Bill" the go ahead with his ventures to converge the PC/TV/Internet technologies. Joan

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