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

To: Pierre Aydin who wrote (46984)	6/19/2000 12:55:00 PM
From: ericneu	Read Replies (1) \| Respond to of 74651

Here's some details, from news.cnet.com Appeals court won't cede jurisdiction in Microsoft case By Joe Wilcox Staff Writer, CNET News.com June 19, 2000, 8:05 a.m. PT WASHINGTON--An appeals court today rejected a government request ceding jurisdiction over the Microsoft antitrust trial. In a surprising defeat for the Justice Department and 19 states, the U.S. Court of Appeals for the District of Columbia Circuit denied a request that would easily have cleared the way for a direct appeal to the Supreme Court. The court also set a schedule for addressing a Microsoft motion to stay restrictions on its business practices set to go into effect Sept. 5. The government had argued Microsoft was wrong to take its motion for stay directly to the appeals court without first giving U.S. District Judge Thomas Penfield Jackson an opportunity to rule on it. In disagreeing with the government, the appeals court set up a briefing schedule, with the first document to be filed in 10 days. Recognizing that Jackson this week could still certify the case for direct appeal to the Supreme Court, the appeals court said the briefing schedule would then be put on hold while the high court decided whether it would take the case. Microsoft is expected later today to file a response to the government's petition for direct appeal, arguing, among other things, that federal law does not allow the states' portion of the case to be taken directly to the Supreme Court.