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

To: lawdog who wrote (40726)	4/3/2000 5:44:00 PM
From: puborectalis	Read Replies (1) \| Respond to of 74651

Microsoft says to appeal ruling, confident of victory REDMOND, Wash., April 3 (Reuters) - Microsoft Corp. (NasdaqNM:MSFT - news) said on Monday it would eventually appeal a judge's ruling that said the software giant violated U.S. antitrust law, and voiced confidence that it would ultimately prevail in the case. ``We will seek an expedited appeal of this ruling,' Microsoft spokesman Tom Pilla said, just minutes after Judge Thomas Penfield Jackson issued his conclusions of law in the case. Pilla noted an appeal could be filed only after Jackson decides on legal remedies, a process that will take several months as he weighs proposals from the U.S. Justice Department and the 19 states involved in the case. ``We continue to believe that the legal system will ultimately rule in our favor and uphold our ability to develop new and innovative software products,' Pilla said. Jackson's ruling against Microsoft, which came after months of negotiations between Microsoft and Justice failed to produce a settlement, was widely expected based on his preliminary finding late last year that Microsoft abused a monopoly in PC operating systems to harm consumers and rivals. --------------------------------------------------------------------------------