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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: Daniel Schuh who wrote (19747)5/28/1998 2:30:00 AM
From: Gerald R. Lampton  Read Replies (1) of 24154
 
Scott McNealy advocates a divestiture, then, if that doen't work, a breakup:

biz.yahoo.com

''I would say you must divest yourself of all minority investments and no longer make any other equity investments of any size in any other company and use your $2.5 billion to create and innovate...rather than buying, bundling and beating up on smaller competitors who are out there actually trying to innovate,'' he told Boston business executives.

''I would try that as step one,'' McNealy said during a luncheon speech to the Boston College Chief Executives Club. ''And if they remained incorrigible, I would break them up, not horizontally, but I
would create three Microsofts.''


Obviously, McNealy, antitrust affacionado that he is, is not a resident of Bork World. In Bork World, conglomerate mergers are exempt from antitrust scrutiny, size is a proxy for efficiency, and you don't break up big, efficient companies into little inefficient ones.

. . . Just a little something to remind us that what passes for gospel in Bork World is not the law in our world.
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