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

To: t2 who wrote (32177)	11/6/1999 8:21:00 AM
From: Jill	Read Replies (3) \| Respond to of 74651

Here's an excerpt from post on G&K thread, I think it was DOW news service: However, he added, an appeals court could find the judge's tone extreme, helping Microsoft get the decision overturned. Meanwhile, reaction from Capitol Hill was largely negative as some lawmakers warned the ruling would have a chilling effect on technological innovation. House Commerce Committee Chairman Thomas Bliley (R., Va.) reacted with concern to Judge Jackson's findings of fact, saying he is "troubled" the ruling may signal the high-tech industry is open to regulation from the courts. "The high-tech industry is responsible for producing 30% of our economic growth," the congressman said, declaring that the industry should not be burdened by excessive government regulation. "That would be a disaster for our economy and millions of working Americans," Rep. Bliley said. The U.S. Chamber of Commerce, reacting to the judge's findings of act in the Microsoft, said, "No high-tech company should cheer these findings -- because they could easily become the next target of the government's mad rush to regulate our most promising industry. "Once again we are seeing the unlimited arsenal of government used against a successful company," the business group said. "Every high-tech executive in America should be asking, 'Am I next?" the Chamber said. Predictably, Microsoft's rivals gloated, while the company's supporters stressed that the decision is only a first step in deciding the case and investors pounded the company's stock in after-hours trading. "Hallelujah. If we could jump any higher right now, we would," said Ransom Love, president and chief executive of Caldera Inc., a Utah-based software maker that's suing Microsoft in a separate case charging predatory practices. Paul Rothstein, a Georgetown University law professor and a consultant to Microsoft, said the decision was an "unwarranted extension of the antitrust laws," adding that it is too soon to say Microsoft has lost the case. Investors reacted to the ruling by selling off Microsoft's shares. Although the news came after the regular close of U.S. markets, Microsoft stock plunged about 3% in after-hours trading. But, said Russell, the Edward Jones analyst, "As a shareholder of Microsoft, I would not panic and sell the stock. The business is still very solid." In Microsoft's hometown, Redmond, Wash., local supporters quickly rallied to Microsoft's defense. "We strongly disagree with the judge's findings," said Washington Gov. Gary Locke. "Microsoft products have greatly benefited consumers!"

To: t2 who wrote (32177)	11/6/1999 8:26:00 AM
From: The Duke of URL©	Respond to of 74651

You're dreaming. Sure, its going to settle. But, based on "slamming" of the FOF no government bureaucrat worth his pension and coffee breaks is going to settle with any haste nor with major concessions. Ans during all this time, the company is severely impacted. This is not the time to go gentle into that dark night. Unless of course you want to waste time spinning good thoughts, then we can call this a major victory for MSFT. :) Duke

To: t2 who wrote (32177)	11/6/1999 8:27:00 AM
From: Michael Ohlendorf	Read Replies (2) \| Respond to of 74651

One thing is for sure !! All those November call holders that appeared here in the last days saying how many call they loaded up expecting that the stock will go up anyway regardless of what the decision will be will loose all their money !! That means they will get kicked their asses real badly !! And guys pray to Good that the pension funds do not decide to leave the stock for a while until the whole monopoly thing is resolved then this tanker will sink. Remember what happened to the unsinkable Titanic !!

To: t2 who wrote (32177)	11/6/1999 11:20:00 AM
From: Yaacov	Read Replies (1) \| Respond to of 74651

Court Finding Puts Pressure on Microsoft to Settle. This is an article that explains the merits of settlement. Maybe that was Jackson's reason "" Thank you for your post. I beleive they will settle. MSFT has the resources to fight this verdict for years, and DOJ knows this. DOJ has a budget! If MSFT fights the verdict an say looses in appeal several years down the road, then the door is opened for a massive pay off! I bet at his time the MSFT lawers and DOJ are talking to eachother!

To: t2 who wrote (32177)	11/6/1999 1:41:00 PM
From: Kevin Hay	Read Replies (1) \| Respond to of 74651

re: <<Klein said Microsoft's abuse of monopoly power had caused 'substantial harm to consumers and innovation' and should result in 'serious remedial redress.' >> That 'consumer harm' made it into the finding of fact is the most astounding thing to me, for two reasons: 1. And I think this is the most important issue right now, but it is my understanding of law that findings of fact can not be appealed. Is there a smart law person out here that can confirm this? This means some judge that doesn't know a bit from a byte has just changed the future of technology. My sense is that this is more serious than people perceive. Given these facts, there's no way the application of law is going to go well. 2. who was harmed? Now, when you install your operating system your good to go on the web. you want navigator? go get it. I'm serious. The more software companies you have to deal with when configuring your computer the more they all get to point fingers at each other and the user is left screwed with something that won't work. With msft, you can eventually get an answer. This judge obviously doesn't work with computers. still reeling.., -k ps. I dumped almost half my position in after hours at 88.5.., still 25% into this stock. I think whatever court bs they pull will net acceptably with win2k roll out. though I gotta say, I've had this stock since '92 and am thinking about just bailing. I'm sick of this crap.