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To: mmbw who wrote (23717)4/27/2000 12:27:00 PM
From: Mike Buckley  Read Replies (2) | Respond to of 54805
 
Martha,

I'll offer opinions on two of your questions.

1. Does anyone have a sense of how long the appeal process will take? Can they appeal and appeal and appeal?

Gates's letter to shareholders said it could take several years of appeals. However, he didn't mention that the judge has the authority granted by a provision of anti-trust law to send the appeal process directly to the Supreme Court, bypassing all other courts.

3. Do you think MSFT is doing it's shareholders a disservice by fighting this to the end?

It's impossible to know because we will probably never know the terms that Gates turned down. In his letter to shareholders he made the point of saying that he was open to settling but the states' attorneys general couldn't agree with each other or the DOJ, making it impossible for a settlement to take place even if someone had offered terms he found acceptable. Considering what has happened with Congress not agreeing to the terms accepted by the states regarding the tobacco settlement, his point about that is believable. My long-winded point is that until we know what Gates is really fighting, we don't know whether he's providing service or disservice to shareholders.

--Mike Buckley