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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: PMS Witch who wrote (24224)	6/16/1999 11:47:00 AM
From: taxman	Respond to of 74651

for those who follow aol. regards Although we were positive on the stock no more than 45 days ago, recent overseas developments have suddenly changed the AOL business model. Internet access is being given away free. AOL, which charge premium monthly fees (over $20 US dollars), now finds itself with the sudden possibility of losing this annuity type revenue. The-Adviser.com is exclusively reporting that AOL is considering a very aggressive price cutting strategy to thwart customer losses and maintain loyalty. the-adviser.com

To: PMS Witch who wrote (24224)	6/16/1999 12:32:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

Don't you just love this Scott McNeally commentary? It just shows that the best the government can do is slow down MSFT. I see it as proof of how strong the company is. This is the kind of report that tells me how good of an investment Microsoft is---much more than any analyst could convey!!!! cbs.marketwatch.com Microsoft monopoly must be stopped, Sun's McNealy tells high tech summit By Rex Nutting, CBS MarketWatch Last Update: 10:40 AM ET Jun 16, 1999 Software Report WASHINGTON (CBS.MW) -- Microsoft is a danger to competition, innovation and consumer choice, Sun Microsystems' Scott McNealy told a congressional panel Wednesday. "It is clear that Microsoft is a monopoly," McNealy said in prepared testimony to the Joint Economic Committee's High Technology Summit. McNealy spoke via videoconference. "The government now must be creative, persistent and judicious in using its power to define remedies that will successfully restore competition to the industry." McNealy said the government should find "creative ways to prohibit Microsoft from buying into new markets or improperly securing customers with their cash." Microsoft (MSFT: news, msgs) has invested more than $6 billion in recent months in other companies, including a $5 billion investment in AT&T to secure the use of the Windows CE operating system in cable TV set-top boxes. "Microsoft's cash hoard is a competition killer," the Sun (SUNW: news, msgs) chairman and chief executive officer said. Microsoft CEO Bill Gates appeared before the committee on Tuesday and barely mentioned the antitrust trial he's engaged in with the federal government and 19 states. Gates said the industry has benefited from the light hand of government. See related story. McNealy has long been an outspoken critic of Microsoft, which he thinks is harming consumers by depriving them of choices. "Microsoft operates beyond the constraints of market discipline, and thus harms every competitor who seeks to bring products to market." Sun sees itself as the main champion of the anti-Microsoft forces. Sun's Java programming language and Jini interface technology are seen as one threat to the monopoly Microsoft has built on the personal computer with its dominant operating system. Shares of Microsoft rose 2 1/8 to 79 13/16 in recent trading. Sun shares added 3 1/16 to 61 1/2. Rex Nutting is Washington bureau chief for CBS MarketWatch.