Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (70844)	11/21/1999 12:58:00 PM
From: re3	Respond to of 132070

2 of the 3 cats on wall street week touted intel...the third , brian rogers mentioned great lakes chemical, fort james paper and unical...gosh, hard assets ...i still prefer askj, these guys don't know js... did anyone see jimmy d on kangas on friday, man he was pounding the table on the i-nuts...he says stillwater will go to 100 one day and franco nevada is his fave gold... enjoy ike

To: Knighty Tin who wrote (70844)	11/22/1999 12:38:00 PM
From: John Graybill	Read Replies (1) \| Respond to of 132070

Mike, MSFT might be a tasty one, some ambulance-chasers in SF are going to a first class-action lawsuit today per The SF Chronicle: In a similar action last Monday, Orange County resident Michael R. Wilson filed a suit in Santa Ana charging that Microsoft violated state antitrust laws and hurt consumers. His suit seeks class-action status for everyone in California who bought a Microsoft operating system in the past four years. Such class-action suits, legal experts told the New York Times, have the potential to cost Microsoft hundreds of millions of dollars, perhaps even billions, in damage claims. ``This is the start of the race to get to the courthouse,' said Stephen Axinn, a partner in Axinn, Veltrop & Harkrider who is an antitrust litigator. ``It could be like the tobacco litigation, in the sense that you have lots of plaintiffs lawyers in different states sharing information.' The big software maker's vulnerability to private suits increased sharply this month when Judge Thomas Penfield Jackson issued his findings of fact in the government's antitrust case against Microsoft. Jackson concluded that Microsoft is a monopoly whose anticompetitive acts have stifled innovation and harmed consumers. Unlike conclusions of law, a judge's findings of fact in a federal antitrust case are not generally considered admissible as evidence in private suits. But Jackson's findings agreed so strongly with the case presented by the Justice Department and 19 states that antitrust experts say his final verdict, expected early next year, will almost surely find that Microsoft is a monopoly that violated the law. sfgate.com

To: Knighty Tin who wrote (70844)	11/23/1999 2:56:00 AM
From: GuinnessGuy	Read Replies (1) \| Respond to of 132070

Mike, I see you have Brocade on your list of possible short/put candidates. As you probably know, today(Monday) was the first day of trading after BRCD's lockup ended. And the stock was up $46!!! Soundspew(what timing!) initiated coverage with a price target of $380. Also, I've heard from several sources at Comdex that IBM was demo-ing an Ancor switch. The story seems to be that it wasn't intended that way and that they had the Brocade switch on top of the Ancor switch although it wasn't hooked up. Rumor has it that they couldn't get the Brocade switch to work properly. For those who don't follow this story, BRCD has an OEM agreement with IBM while Ancor does not. I'm trying to find out from my sources whether this story holds any water. In any case, you may be right in that it's time to stick a fork in Brocade. Ancor's new product line would suggest that they have an inside track now so that the market caps of these two should converge. Will you be going long Ancor and short BRCD? Craig