To: Gerald R. Lampton who wrote (23986 ) 6/4/2000 1:03:00 PM From: Daniel Schuh Read Replies (1) | Respond to of 24154
That was the chuckle of the week, Jerry. As if moving to Canada would give them antitrust immunity in the first place, not to mention the relative ranking of the U.S. and Canada on the libertarian/socialist scale. In my limited (but not limited enough, of course) exposure to Randoid circles, Canada doesn't get much respect. Somewhat later Friday, cooler heads began examining this one: Microsoft Not Planning a Move Across the Border nytimes.com For quite some time, long enough to develop a reputation, the Great White North by proximity and disposition has enticed Americans at irreconcilable odds with their government. But despite reports of Canadian overtures and demonstrable discord with American prosecutors, Microsoft (MSFT:Nasdaq) is not planning a border crossing. As the antitrust trial against the company nears a final ruling, many far-fetched notions have captured the attention of Microsoft's investors as some news organizations built up speculation by reporting one another's reporting. But an examination of the original source of the report "Canada Woos Microsoft," posted on the British Broadcasting Corp.'s Web site Friday, suggests this newest round of speculation presents perhaps the least likely scenario yet. . . . Though it reverberated across Web sites and wire services just like those reports, the Canada rumor seems ridiculous on its face, analysts said. "I don't think you could take those seriously at all," said Jeff Maxick, analyst for Madison Securities. "The last thing Microsoft wants to do, especially at this juncture, is take a weaselly way out. They're still doing business in this country. They have a lot of people (around 20,000 employees) who live in the Seattle area. To get all those people to live in Canada and pay higher taxes ... I think it's a joke." Maxick, whose firm has not done underwriting for Microsoft, rates the company's shares buy. Cheers, Dan.