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


To: rudedog who wrote (45494)5/27/2000 10:49:00 AM
From: SC  Respond to of 74651
 
Rudedog, Thanks for the response. I'm not a lawyer, but I know enough about the difference between the way non-lawyers think and the way lawyers think to know that seemingly pointless or irrelevant questions by lawyers can come back to have great importance later in the proceedings. I hope this gets resolved one way or the other soon (but I'm not holding my breath). Once the question is finally settled by the Supreme Court; or the Appeals Court if the Supreme Court refuses to ever hear the case, everyone will know how best to proceed. I realize the recent federal reserve actions are weighing heavy on the tech sector but the uncertainty this case injects is an additional anchor to the whole sector.

Steve



To: rudedog who wrote (45494)5/27/2000 10:56:00 AM
From: Gary Burton  Read Replies (2) | Respond to of 74651
 
Michael Murphy thinks MSFT should move jurisdiction to Canada (Vanc) and negotiate sweetheart tax deal with Cdn Gov't to do so--says most of the profits from software sales occur where the servers are located or where the floppy disks are produced and he sees no reason why MSFT should pay taxes to the US on non-US sales and that arguing about transfer prices to their US subsidiary to reduce US taxes on US sales would be a much better use of legal talent than appearing in the DC circus...Says Jackson doesn't have a clue and that he hasn't thought the ramifications through and that interfering on a whim with no careful analysis is unforgivable...says that the idea that a separate Office company could evolve into a competitive operating system is not realistic in the java applet- based internet world and that virtually everyone in silicon valley would laugh at loud at the idea--says that the inmates are running the asylum now---Murphy stands by MSFT as a core holding.