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


To: Mick Mørmøny who wrote (31385)10/29/1999 5:01:00 PM
From: Mick Mørmøny  Respond to of 74651
 
No Microsoft findings this Friday

By William L. Watts, CBS MarketWatch
Last Update: 4:47 PM ET Oct 29, 1999 NewsWatch

WASHINGTON (CBS.MW) -- A federal judge's factual findings in the Microsoft antitrust case won't be released Friday evening, putting off the first part of the eagerly awaited verdict for at least another week.

The U.S. District Court for the District of Columbia announced early last week that it would release the findings on "a Friday," but didn't provide a specific date. The court also said it would notify Microsoft (MSFT: news, msgs), the government and the press two hours notice at 4:30 p.m. eastern on the Friday in question that the release was forthcoming.

But 4:30 p.m. came and went with no word to the press from the court. And a Justice Department spokeswoman subsequently confirmed that the court had notified lawyers in the case that there would be nothing issued today, signaling that U.S. District Court Judge Thomas Penfield Jackson's findings remain at least a week away. Antitrust lawyers had widely expected a decision this Friday or next.

The judge is expected to release a document, possibly running to 200 pages or more, outlining what facts he believes were proved during the trial. The document, however, won't say whether Microsoft violated any laws.

That will be revealed in Jackson's conclusions of law, which will come after further written and oral arguments by both sides.

The government contends Microsoft, through its popular Windows software, has maintained a monopoly on the market for personal computer operating systems and engaged in a host of illegal anticompetitive acts designed to maintain that monopoly.

Microsoft has steadfastly denied any wrongdoing and has accused the government of doing the bidding of jealous competitors.




To: Mick Mørmøny who wrote (31385)10/29/1999 5:53:00 PM
From: jmac  Respond to of 74651
 
Well....If it isn't today and it is going to come on a friday, i guess it won't come earlier than 11/5/99.