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


To: Michael Do who wrote (40171)3/29/2000 10:32:00 PM
From: Hal Rubel  Read Replies (1) | Respond to of 74651
 
Microsoft/OPEC

RE: "It is perfectly OK for foreign firms or businesses to colusion on price fixing and price manupilation at the great expense of the American consumers (Like oil cartels OPEC, Japanese MITI...) Our beloved government stands around and do nothing but as soon as American firms get some advantages, then Uncle Sam will make sure that everyone get equal. DOJ should go sue OPEC for antitrust and if Judge Jackson found them guilty, OPEC should be disbanded or we are going to use B-52 bombing them to submission." Michael Do

If your point is that there are similarities between Microsoft and OPEC, I would tend to agree.

Hal



To: Michael Do who wrote (40171)3/30/2000 1:38:00 AM
From: Gerald Walls  Respond to of 74651
 
DOJ should go sue OPEC for antitrust and if Judge Jackson found them guilty, OPEC should be disbanded

The US has no jurisdiction over OPEC. That would be like saying that an Islamic country should be able to sue Jack Daniels.

or we are going to use B-52 bombing them to submission.

This part makes no sense. We could, however, be less willing to provide arms and protection. We won't do that though because we need stability in that region, even if they do jack us around with oil prices occasionally.

Don't worry. Cartels only work for a while and then the cheating ensues. When the members stop trusting each other they'll start believing the others are cheating and then they'll start themselves because the ones that cheat earliest reap the biggest gains (before the prices drop), sort of a Prisoner's Dilemma. We've already had a breaking of consensus when the rest of OPEC told Iran that they would raise production without Iran's approval. Iran must be feeling burnt, and the others must know it...