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


To: RTev who wrote (25505)7/6/1999 7:14:00 PM
From: RTev  Read Replies (2) | Respond to of 74651
 
Here's a look at the politicing up here in this once-ignored corner and the importance of the millions generated by Microsoft in the current political pre-season.

Microsoft suit a tricky topic as candidates visit
seattletimes.com

When Bush arrives in Redmond, the Texas
governor will find a well-worn political path.
Though the presidential election still is 16
months away, the parade of candidates tromping
through the throng of millionaires at Microsoft
already has begun. Last week, Elizabeth Dole,
former secretary of labor and transportation, met
with Microsoft Chairman Bill Gates. In the past
few months, Sen. John McCain, R-Ariz., former Sen.
Bill Bradley, D-N.J., and Vice President Al Gore
have forged ties with Microsoft.
...
But as one executive from a politically connected
Seattle company noted, Microsoft has learned the
importance of politics the hard way.

"This is a company that was nonpolitical, and now
they are seeing the error of their ways," the
executive said. "You've got to pay to play. Money
is the mother's milk, and they weren't feeding the
baby."
...
Those close to Gates believe he is leaning toward
Bush. And when Gore comes to town the day after
Bush, a stop at Microsoft is not scheduled.
...
Could a new administration essentially accede to
Microsoft's argument that the fast-moving industry
already has outpaced the year-old lawsuit? Could a
new attorney general dump the case, or settle on
Microsoft's terms?

The trial has been completed. Final arguments are
scheduled for later this year, with a ruling
expected by early next year followed by a widely
anticipated appeal.

By the November 2000 election, the appeals process
will be well under way. By the presidential
inauguration two months later, a new president
would have the power to pull the plug on the
litigation or cut an out-of-court settlement.