Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John F. Dowd who wrote (41576)	4/7/2000 6:14:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 74651

John-- 3 more like this would be fine with me. IMO the NAS will drop some Mon (probably MSFT and all the big guys there) but that would be OK if Tues thru Fri were like today,,LOL!!! Still feels strange seeing MSFT in double digits,, triples are nicer! Never went into the red here and am not nervous-- very disappointed all this BS is dragging on,,, The number being mumbled is $7Bil (plus Jacksons BS),, not a huge amount for msft if they get it on and over with,,

To: John F. Dowd who wrote (41576)	4/8/2000 9:00:00 AM
From: Captain Jack	Read Replies (2) \| Respond to of 74651

The headline here was 'Msft will prevail over DoJ after appeals process' Apr. 07, 2000 (InternetWeek - CMP via COMTEX) -- Bill Gates last week took a calculated risk in Microsoft's dispute with the government and several states. The Microsoft chairman decided whatever decision Judge Thomas Penfield Jackson would make about the company's business practices would not be any worse than the settlement terms being offered by the U.S. Department of Justice. Since talks broke off, we are once again in a state of war between the Clinton administration and the world's largest producer of software. All at once, the Justice Department was not only going to have to defend the government's contention that Microsoft illegally stifled competition, but it now has to provide good reasons why the company should be broken up, which is the remedy that appears to be the government's goal. As a result of Microsoft's sudden decision to end the settlement talks, Judge Jackson decided last Monday to issue his findings in the case. To no one's surprise, the judge found that Microsoft had indeed violated the law, and that the company was continuing to do so in a number of ways. As a result of the findings, Microsoft stock-and that of many other tech bellwethers-dropped so dramatically that the old guard companies, including General Electric, were once again those with the largest market capitalizations.