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


To: Sonny McWilliams who wrote (34595)11/22/1999 2:54:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 74651
 
Sonny: The threatened class action is a non - event. They are trying to get the ball rolling before they are stopped out. I am sure that DOJ put them up to this. This kind of crap will not go over big with the mediator. Louisiana suit coincidently says that its people were screwed because MSFT charged 89 vs. 49 where they could have made a profit according to guess who. These guys are cutting and pasting this buffoons "pie in the sky" economic model for a "successful software co." price schedule. The market sees the maadness implicit in this suit and all the rest. These guys are out of touch with reality. But just the fact that they are stepping to bat with this crap shows us what a screwed up country we are and why these lawyers are Clinton's biggest contributors. JFD



To: Sonny McWilliams who wrote (34595)11/22/1999 4:41:00 PM
From: Brian Malloy  Respond to of 74651
 
Yes, this suit in CA and NY is quite interesting.

I'm curious if the customer's of the ad agency suing MSFT can sue the agency for charging them too much. It seems that if you charge > MR=MC then you are open to being sued. Forget about the risk premium or anything else that the seller should have.

Perhaps the most asine aspect of this, if I remember the tobacco lawsuit correctly, some of these same state AJ that are suing MSFT tried to sue the tobacco lawyers in court for charging excessive fees once they found out how many billions they were going to make. It was clear that their take was exorbitant but the lawyers argued that they deserved it. The outcome regardless of the cases that went to arbitration or court, the lawyers got the money. Now these same hooligan's want to turn around and say that MSFT cheated consumers? Balderdash!

Just imagine how waco this all is, lawyers and government trying to set prices in a free market place. I think the Cold War in part has shown that centralized price controls are a bad idea.

Regards