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

To: western_skys who wrote (38044)	2/17/2000 8:32:00 PM
From: Frank Ellis Morris	Read Replies (3) \| Respond to of 74651

The following story is true as I did see the interview on the NBR so I am confused as to what is going on here?? Thursday February 17 7:34 PM ET Gates: Could Open Windows to Settle Suit SAN FRANCISCO (Reuters) - Microsoft Corp (NasdaqNM:MSFT - news). Chairman Bill Gates said the software giant would be willing to open to competitors the source code to its Windows operating system, its flagship product, to settle the antitrust lawsuit brought by the U.S. Justice Department, Bloomberg Television said on Thursday. ''Microsoft Corp. would be willing to open the source code for its Windows software to competitors in order to settle the antitrust case filed by the U.S. Department of Justice,'' a Bloomberg news release quoted Gates as saying. Microsoft spokesman Jim Cullinan declined to confirm the report, which was issued just hours after Gates launched Windows 2000, the company's latest product that it hopes will help it dominate the corporate computing world. Microsoft is in negotiations with the Justice Department to find a way to settle charges that the Redmond, Wash.-based company violated antitrust laws by using monopoly power in computer operating systems to crush rivals. By opening the source code to Windows, which accounts for about 40 percent of the company's revenues, Microsoft would allow other software developers, including its competitors, to change and sell their own versions of the software. On Wednesday, a report in the Wall Street Journal said Microsoft was willing to agree to greater disclosure of the inner workings of Windows, and to other concessions to settle the case. Microsoft executives including Gates have said they oppose any plan to settle the suit that would break the company up. Appellate Judge Richard Posner, who is presiding over the talks between Microsoft and the Justice Department, has told both sides in strong terms not to speak to the press about the talks. Frank