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Technology Stocks : How high will Microsoft fly?

MSFT 472.22

-1.3%

Nov 21 3:59 PM EST

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To: mozek who wrote (12153)	11/10/1998 8:48:00 AM
From: nnillionaire	Read Replies (2) of 74651

From 11/10/98 WSJ: Microsoft Threatened to Withhold Help On New Chip, Intel Executive Testifies interactive.wsj.com Excerpt: >WASHINGTON -- Intel Corp. abandoned Internet and multimedia software projects after Bill Gates said Microsoft Corp. might not support Intel's next chip, a threat that slowed innovation and hurt consumers, an Intel executive charged. Microsoft's chairman "became quite enraged" at Intel's software efforts in a meeting between the two companies on Aug. 2, 1995, the Intel vice president, Steven McGeady, testified at Microsoft's antitrust trial in U.S. District Court here. "The threat was both credible and fairly terrifying," because it would have derailed a huge investment, he said.< >The testimony marked a turning point in the government's case as the landmark trial entered a fourth week. This wasn't the whining of an inept competitor, as Microsoft has said of other companies' charges -- it was Microsoft's most powerful partner in the PC industry, the world's largest chip maker. And the testimony offered convincing evidence that consumers had been hurt, because Microsoft's alleged threat delayed potential improvements to sound and video on PCs.<

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