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


To: werefrog who wrote (45248)5/24/2000 5:46:00 PM
From: johnd  Read Replies (2) | Respond to of 74651
 
When Jackson issues remedy verdict on June 1 or 2nd, could we see a sharp sell-off into the 50s? What do you guys think? Looks like he is going to come very very hard on MSFT



To: werefrog who wrote (45248)5/24/2000 7:28:00 PM
From: t2  Read Replies (3) | Respond to of 74651
 
I don't think the DOJ is about to change its split proposal for a 3 way split which the judge liked. Just some minor changes to the existing plan. I bet some of the parties are probably going to get concerned that Jackson has a vendetta against Microsoft .---for their successful appeal of his earlier decisions and their insistance the courts will rule in MSFT favor in appeal.
That is ticking him off in a big way. Unfortunately (for him), he not any "supreme ruler" who cannot be overruled.
His actions today show how much he is against the company and in particular Bill Gates.

I bet all the judges at all levels are reading and watching the events and thinking---let me have this case. It is probably a lot easier to reverse this type of decision and everyone at the appeals court can look real smart by showing how stupid Jackson is----What an opportunity!
Surely reversing lower court decisions is a lot more fun than upholding them. <g>

Even if this one gets straight to the Supreme Court, MSFT's odds have gotten better.

Here is a summary of today's procedings from Bloomberg.
quote.bloomberg.com