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


To: Valley Girl who wrote (43673)4/27/2000 6:37:00 PM
From: werefrog  Read Replies (1) | Respond to of 74651
 
"DOJ's proposed penalty"

You got me on that one. All I can do is have my level 11 fired up and get the news first, then take action on how the news is perceived by investors, that word perceived is more important than what the news actually will mean. I propose, there's that word again, that whatever the judge proposes will move the stock, one way or the other.
"hearing on remedies May 24"
biz.yahoo.com
JH



To: Valley Girl who wrote (43673)4/27/2000 6:40:00 PM
From: SC  Respond to of 74651
 
You are correct. The DOJ and state AGs present their proposal(s) for a remedy, then microsoft gets to comment on the proposal(s), then the DOJ et al. get to rebut microsofts comments. If the DOJ et al. proposes a breakup, msft will request a longer hearing with more witnesses and testimony, etc. If the judge denies the more extended hearing he will render his decision on the remedy after the DOJ rebuttal. I don't recall the schedule, but I believe that JJ wants the DOJ proposal this week, MSFTS comments next week, the rebuttal the week after that and then a couple of weeks for him to decide what the remedy will be. If he grants a more extensive hearing on the remedy, could be longer. The significance of the DOJ proposal is that this would presumably take the uncertainty out of how bad the remedy can get. Many of us believe that the judge will give the DOJ et al. everything that they propose. I'm not sure it's safe to make that assumption, as the judge could choose to fashion an even more draconian remedy if he decides that would be best.

Steve



To: Valley Girl who wrote (43673)4/27/2000 7:16:00 PM
From: sandeep  Respond to of 74651
 
For all practical purposes, the DOJ pawn Judge will lap up whatever they throw to him..



To: Valley Girl who wrote (43673)4/27/2000 7:49:00 PM
From: werefrog  Respond to of 74651
 
VG: On the proposals
biz.yahoo.com
What I get out of this story is the Gov & State lawyers will offer to the judge their proposed penality, this does not mean the judge will accept these proposals. I'm glad you brought this up since these proposals probably should not move the stock as much as the Judges final penality rulings.
JH