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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Rande Is who wrote (26495)5/25/2000 12:30:00 PM
From: JLS  Read Replies (1) | Respond to of 57584
 
Hey Rande, I need a little help thinking for myself today <ggg>, what are you seeing/feeling? Or is it too early to come to a conclusion? Thanks, Julie



To: Rande Is who wrote (26495)5/25/2000 1:14:00 PM
From: KevinThompson  Read Replies (1) | Respond to of 57584
 
Worse times ahead for MSFT? This will continue to weigh on tech stocks:

washtimes.com

"Punishment???" Is Microsoft a bad child that it should be "spanked" by Daddy Government? Geez... what are we coming to?

KT
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Microsoft breakup revision ordered
By Michael J. Martinez
ASSOCIATED PRESS

The federal judge in the Microsoft antitrust case yesterday gave the Justice Department two days to revise its plan to break up the software giant and rejected the company's pleas for more time to respond.

U.S. District Judge Thomas Penfield Jackson ordered that revisions be based on issues raised in yesterday's hearing, including the possibility of splitting Microsoft into three new companies, rather than two as the government has proposed.

Under the Justice plan, one company would sell operating systems and the second would develop and market Microsoft's popular Office software and Internet properties. The hearing explored an additional option: a third company based on Microsoft's Internet Explorer Web browser.

Judge Jackson dismissed a request from Microsoft that he hear evidence in the matter. "I contemplate no further process," he said.

"This case has been pending for two years now," Judge Jackson snapped when company lawyers pleaded for more time. Microsoft apparently will have until Tuesday to respond to the government's updated plan, which is due tomorrow.

Judge Jackson said he will decide what punishment to impose after reviewing the government's updated plan and Microsoft's response. He ruled in early April that Microsoft had engaged in business practices that violated antitrust laws. The company has said it will appeal the case.

...more