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


To: Yaacov who wrote (44697)5/11/2000 3:45:00 PM
From: Jacob Snyder  Read Replies (4) | Respond to of 74651
 
Well, that's what everyone is saying: Microsoft has conceded total defeat in the first battle, and is maneuvering for the second battle of the war. And the ultimate outcome may be rendered moot by the pace of industry change, if Microsoft can delay the process long enough. It's obviously a fall-back position. Nobody plans to be routed in the first battle of a war.

I've seen this process with drug and medical equipment companies. The FDA will question a companies' drug safety tests, or manufacturing processes. Frequently, the first reaction by the company is to shout back: "We did nothing wrong! Leave us alone!" This is always the wrong response, whether the FDA is right or wrong. The proper response is to say: "Yes, sir. If you say we screwed up, then we did. Tell us what we need to do to make you happy, and we will be 100% compliant." This is the right response (from the viewpoint of a shareholder who wants to be richer). If you fight and make the Feds angry, you lose. Every time. This may not be Fair or Just or Right, but that's the way it is.