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


To: Jim McMannis who wrote (39997)3/27/2000 6:33:00 PM
From: Captain Jack  Respond to of 74651
 
WASHINGTON, Mar 27, 2000 (AP Online via COMTEX) -- Some government
lawyers have expressed sufficient interest in a settlement Microsoft
Corp. has offered in its antitrust case that they expect a trial judge
at least to delay plans to deliver his verdict on Tuesday.

The 11th-hour proposal from Microsoft, faxed on Friday, was considered
generally inadequate in important areas by some of the 19 states in the
lawsuit. But it was provoking enough discussion among others on Monday
that a delay was widely expected, according to sources close to the
case who spoke on condition of anonymity.

Other sources with knowledge of the negotiations said nothing was
expected for at least 10 days. U.S. Assistant Attorney General Joel
Klein flew to New York for an unrelated meeting Monday night at
Columbia University.

U.S. District Judge Thomas Penfield Jackson earlier warned lawyers in a
private meeting that he will announce his decision on Tuesday absent
progress during settlement talks, which were being coordinated in
Chicago by a federal appeals judge, Richard Posner.

Some of the difficulties in evaluating Microsoft's offer stemmed from
the large number of plaintiffs. The Justice Department was discussing
Microsoft's 10-page proposal with states, and some states were
exchanging thoughts in a series of telephone conference calls Monday.

Jackson has signaled that he will rule strongly against Microsoft. He
issued the first phase of his verdict in November with blistering
findings that accepted nearly all the allegations against Microsoft.

In the upcoming phase, Jackson must identify which federal laws, if
any, Microsoft violated. If settlement efforts are fruitless, the judge
was expected to decide on sanctions after hearings later in the spring
or summer.

The Wall Street Journal reported Monday that Microsoft's offer includes
allowing computer makers to modify the blueprints to all current and
future versions of its Windows software to embed competitors'
technologies. The Journal said the offer also limits Microsoft from
rewarding or punishing computer makers by banning discrimination for
Windows' prices.



To: Jim McMannis who wrote (39997)3/27/2000 6:36:00 PM
From: Michael L. Voorhees  Read Replies (2) | Respond to of 74651
 
Here is a good story from Fortune magazine. I think it
pretty well explains why MSFT is in the position it
presently is with the DOJ and this AntiTrust Law suit.
MSFT's problems are more highly correlated with their own
arrogance than with the US government and lawyers.

"Why Cisco is on top and MicroSoft is sliding"
fortune.com



To: Jim McMannis who wrote (39997)3/27/2000 6:48:00 PM
From: Yogizuna  Read Replies (1) | Respond to of 74651
 
Yep, almost ten years now..... We will be posting with our canes before you know it! <G> Glad to see that you are around here and going strong!!
Gold, oh man, it just simply cannot get out of it's own way.
My signals on the semi-precious metal are still pretty good considering, but the XAU is bogged down in downward whipsaw territory.
And I thought you would be interested to know, that every now and then, you are still mentioned on the Prodigy boards.
This is sort of an amazing coincidence finding you here, because just last week, I posted somewhere under Investment Theory or the Stocks board that you had it right many years ago when you told me that because of demographics, this bull market would continue on much longer than most folks thought at that time. So what do you think now Jim? Market getting a bit long "in the tooth" yet? <g> Yogi of the old Bearsurprise.....