To: sea_biscuit who wrote (31935 ) 11/6/1999 3:12:00 AM From: John F. Dowd Respond to of 74651
Dipy: Indeed there is a quiet period ahead but I along with Rick Rule who has had considerable anti-trust experience from the government side in the Regan years come up with the same conclusion: "November 05, 1999 20:02 Statement on Microsoft Findings By Former Head of Justice Department's Antitrust Division WASHINGTON, Nov. 5 /PRNewswire/ -- The following statement was issued by Charles F. "Rick" Rule today: "After a reading of the findings, it remains clear the government has not proven that Microsoft violated the law --- the company has not foreclosed competition or engaged in illegal monopolization. To the contrary, Microsoft's record of vigorous competition has benefited consumers. And the antitrust law protects competition and consumers, not disgruntled competitors. In addition, no one can dispute that the high-tech marketplace has been transformed since this case started. The industry continues to move, belying the government's allegations that Microsoft has the power to control the industry. The market is too fluid, technology too vast, and competition too fierce for any one firm to dominate. At the end of the legal day, I am confident that Microsoft will prevail." Charles F. "Rick" Rule was head of the Justice Department's Antitrust Division under President Reagan. He is now a partner at Covington & Burling and a Microsoft (Nasdaq: MSFT) consultant. Rule is available for further comment by calling 202-662-5119 or Peter Mina at 202-326-1711." Each shareholder will have to make his own determination of "facts". In the meanwhile MSFT is still generating revenues like mad. The PC market is growing like ttopsy again as the continent and Japan emerg from their slumber as is buttressed from the most recent reports from the various Data sampling and gathering orgs.JFD