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

To: ed who wrote (32499)	11/7/1999 4:21:00 AM
From: nihil	Read Replies (1) \| Respond to of 74651

Gaining a Monopoly -- outlawed under Sec 2 of the Sherman Act -- implies the power to set (or strongly influence) prices. There is no formal market definition -- both sides have to quarrel about market definition (good news for economic experts!). A market can be national, regional, or geographically smaller. In a famous case, Alcoa, the decision said "90 percent would surely be a monopoly" while 60 percent might not be. Any accused form that shows competitors can gain market share or are highly profitable, can probably win. Monopoly is not illegal. Unfair aquisition or abuse of a monopoly is illegal. As long as a firm can show that it gained a monopoly through efficiency, innovation, or low (above cost) prices and had not attempted to destroy specific competitors, it will probably win through in the end. Microsoft should continue on its way, corrected specific practices, appeal, reappeal en banc, petition for certiorari --- move its headquarters to England -- reincorporate in the Channel Isles or Tonga. Gates should Beos and RHAT in trust for his children. Have a little fun out of this stuff.

To: ed who wrote (32499)	11/7/1999 8:34:00 PM
From: Duane L. Olson	Respond to of 74651

Ed..Here are the findings. They are VERY specific. So you won't need my "vague statements". Let me know which words you don't understand, and we'll work on it.. Good luck investing! tso