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

To: John F. Dowd who wrote (27526)	7/29/1999 4:18:00 PM
From: Teflon	Respond to of 74651

JFD, I love your enthusiasm !!! This little tidbit was the one I liked the most: But both firms declined, worried about the impact of siding with a Justice Department that they say is viewed in the business community as interventionist. I would of loved to have seen the look on Mr Klein's face when they were turned back at the door <ggg>. Here is the latest article on this circus: Microsoft breakup talk called 'premature' Scott Berinato, ZDNet Published reports that the Department of Justice has "set sights" on a Microsoft Corp. (Nasdaq:MSFT - news) "bust-up" are premature, according to the department. USA Today reported Thursday morning that the DOJ had sought advice from at least two investment banks about the ramifications of a Microsoft breakup. DOJ spokeswoman Gina Talimona was quoted as saying the DOJ had "made preliminary inquiries to experts that might assist us in evaluating an array of remedy options." Talimona told PC Week that the statement is correct, but added that "the discussion of possible remedies is premature. All options are open. We have not focused on any one remedy." Overblown? According to USA Today, bankers at the two firms, who requested anonymity, said DOJ officials wanted an assessment of where the logical breakup points of Microsoft were and a valuation of what the market reaction would be. Both firms declined, the paper says, because they were concerned about the impact of siding with a department viewed in the business community as interventionist. Sources close to the landmark antitrust case indicated the report was overblown and that such inquiries were probably standard operating procedure for a case of this magnitude, not necessarily a sign that divvying up the software giant would be the preferred penalty Justice will seek. In other DOJ-Microsoft news, Talimona said oral closing arguments in the case will begin on September 21, starting at 10 a.m. At the close of the witness phase of the trial last month, both sides were unsure if District Court Judge Thomas Penfield Jackson would request oral arguments or whether he would prefer to simply have both sides submit written closing arguments with their findings of fact. The findings of fact are to be submitted to Jackson on August 10. Testimony in the trial concluded last month, eight months after the proceedings began. Jackson is not expected to rule on the case until November. Teflon

To: John F. Dowd who wrote (27526)	7/29/1999 7:19:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 74651

>>Actually as many of us agree MSFT will double in cap if split up. Look what happened when someone leaked that MSFT might spin off a net tracking stock. Good point, JD; I wouldn't put it past Bill to have ordered the tracking stock concept to be leaked as a trial baloon to see how the market would react to a split up of the entire company. The courts helped Rockerfeller and his shareholders get rich in the early part of the century by breaking his empire into 4 parts. Frank