How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 481.60

-1.7%

2:18 PM EST

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To: Lin who wrote (7239)	5/15/1998 3:52:00 PM
From: Brian Malloy	Read Replies (2) of 74651

I don't want to put things out of context but this is the type of stuff that just gets on ones nerves. MSFT is villified by the FEDS for not being competitive and charging too much for its product, while cable which is a government regulated monopoly continues to gouge the public. Cable prices have been rising at more than five times the rate of inflation. It will only get worse once they are "deregulated." I guess that is the advantage an industry gets by paying contributions for several years. FCC Chief Declines To Curb Cable Prices Kennard to Await Deregulation in March By Paul Farhi Washington Post Staff Writer Friday, May 15, 1998; Page F01 Consumers looking for relief from rising cable TV bills won't be getting it any time soon from federal regulators. Though he declared earlier this year that "cable rates are rising too fast," the head of the Federal Communications Commission said yesterday that his agency won't step in to freeze or roll back cable prices before a congressionally ordered deregulation of cable prices kicks in next March. FCC Chairman William E. Kennard says his agency will continue to study the problem, with an eye toward influencing debate in Congress. Cable prices have been rising at more than five times the rate of inflation. washingtonpost.com

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