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

To: Paul Reuben who wrote (33974)	11/15/1999 7:06:00 AM
From: Paul Reuben	Read Replies (3) \| Respond to of 74651

Microsoft Ruling Bad News for Consumers Consistency can be a virtue, but consistent muddled thinking is not. Start with his definition of the relevant market. Does the Macintosh belong in the same market as Windows PCs? Common sense tells us that they are substitutes. Note that mainstream publications such as Consumer Reports compare Macs to PCs, just as they compare Fords to Chevys. But the judge, apparently unwilling to make even this minor concession, concludes that the Macintosh does not compete with Windows PCs. In his apparent zeal, his findings now threaten a large component of the computer industry. If the Macintosh is not a substitute for the PC, then the PC must not be a substitute for the Macintosh. Apple, therefore, must also be a monopoly, since it has a 100 percent market share in its relevant market. And Sun must be one as well. This finding of fact may indeed wind up giving some of Microsoft's rivals, at whose behest the case was brought, their just desserts upside.com