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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: damniseedemons who wrote (17981)3/8/1998 11:44:00 PM
From: Gerald R. Lampton  Read Replies (1) of 24154
 
Sal, here is a pretty amazing article from the Wall Street Journal.

interactive.wsj.com

It starts out:

It isn't easy to disagree with a man worth $48 billion, but here it goes: Microsoft Corp. is a monopoly.

Then, at the conclusion of the article, the amazing part:

But as a tactical matter, Mr. Gates would be wise to start participating in the search for middle ground. The hearing last week shows that concern about his company is on the rise in Washington. If he continues to resist any effort to circumscribe his company's behavior, he may eventually find the Justice Department and Congress considering more-radical remedies.

It's well worth the read: Here's the paragon of pro-big business journalism and libertarian economics telling the richest man in the world that (1) his company is a monopoly, (2) he needs to participate in the search for a "middle ground" and that, (3) if he doesn't, Congress and DOJ will consider "more radical remedies."

Apart from the "middle ground" language, I could not agree more strongly.
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