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

To: t2 who wrote (34672)	11/23/1999 3:12:00 PM
From: John F. Dowd	Read Replies (2) \| Respond to of 74651

t2,PMSW and all other loyal Softees: This excerpt from the WSJ sums it up pretty well: ...On Friday, in a significant ruling related to a private antitrust lawsuit against Intel, that court noted the "Sherman act does not convert all harsh commercial actions into antitrust violations." By the time Microsoft reaches the appellate level, the computing world will have moved on and historians will have to be summoned to remind us what the argument was all about. Judge Jackson will have sat through the antitrust "case of the century" only to see it waddle off and expire with a whimper behind some shrub. He can't have that, so he's banging the pots and pans and trying to scare Bill Gates into settling. How much more splendid to be this generation's Judge Greene, tinkering with future releases of Windows the way Judge Greene spent 10 years tinkering with AT&T and the baby bells. But let's get to the real bottom line. Washington's crusade against Microsoft has fulfilled its purpose, serving as a great lever to pry open the wallets of Silicon Valley. Where three years ago the technology plutocrats spent their surplus income on racing yachts and Ferraris and charity, now they patriotically send donations to Washington to support the fixer class and its retinue in the style to which it would like to become accustomed. Steve Case of AOL likes to say the future of technology will be decided in the political arena rather than the marketplace. Be careful what you wish for.