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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era
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To: porcupine --''''> who wrote (302)5/14/1998 6:08:00 PM
From: porcupine --''''>  Read Replies (2) of 1722
 
Justice Dep't Halts Release of Office 98 (no matter how they "spin" this):

Microsoft, U.S. 'not close' to agreement-source

WASHINGTON, May 14 (Reuters) - Microsoft Corp. (MSFT - news), the
U.S. government and state governments are not close to agreement
to avert possible antitrust action, a source close to the talks
said on Thursday. ''We are not close,'' the source said. ''There
is a lot of lifting to do.''

Earlier on Thursday, the U.S. government and 20 state attorneys
general said they would open talks with Microsoft on Friday in
Washington.

While talks were ongoing, the U.S. and state governments agreed
not to file the major antitrust lawsuit against Microsoft that
had been scheduled for Thursday, and the company agreed in return
to delay distribution of its Windows 98 operating system to
computer makers.

Law enforcement officials are expected to seek broader relief
than they accepted from Microsoft in a January agreement.

At that time, the company said it would allow computer makers to
remove their Internet Explorer Web browser ''icon'' from the
Windows 95 computer screen ''desktop'' and replace it with an
icon from rival Netscape Communications Corp. Icons are small,
colorful logos that users may click on to open programs.

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