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

To: The Duke of URL© who wrote (45465)	5/26/2000 2:47:00 PM
From: Harvey Allen	Respond to of 74651

Duke- This gives details of the rewrite. Also quotes a June 9 date for final Judgement. Microsoft breakup proposal tweaked They did understand him to ask for three comparatively minor changes: Define "Microsoft," so that there is no confusion if the plan is carried out and there are two companies that used to go by that name. Expand a provision that requires Microsoft to keep selling old versions of Windows for three years at the same price. While only computer makers benefit from the current plan, the revised version would grant the same right to retailers. The plan may further expand those provisions to apply to Microsoft's Office business software programs. Raise the threshold on large shareholders who are prohibited from owning stock in both companies. The shareholders provision would benefit Microsoft co-founder Paul Allen. The current government proposal bars anyone who now owns more than 3 percent of Microsoft stock from owning shares of both companies. Allen's lawyers complained about the effect on Allen, who owns 4 percent. - - - - - - - This week's hearing left little doubt among observers on both sides that Jackson would order a breakup. William Kovacic, an antitrust expert at the George Washington University School of Law, predicted Jackson's order would come by June 9. Microsoft's response next week is a mere formality that is unlikely to alter Jackson's thinking, he said. "I don't think there is a thing that Microsoft can say that would affect his thinking," Kovacic said. "He seems to have tuned the company out completely. There's no piece of paper, there's no testimony they could present that could change his mind. He may read their response, spend a half-hour on it and say: Let's go." seattletimes.nwsource.com