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


To: The Duke of URLĀ© who wrote (48022)7/19/2000 6:13:31 AM
From: John F. Dowd  Respond to of 74651
 
Duke: In addition to AOL's adoption of NSCP browser forthcoming these comments by Jim Clark are telling as well. The anti-trust thing was the biggest hoax since the Piltdown Man.
JFD
Tuesday July 18 08:15 PM EDT
Why Jim Clark Likes Microsoft
(The Industry Standard)

DANA POINT, Calif. - "Buy Microsoft" was the message, and it was coming from a surprising source: Jim Clark, the Silicon Valley wunderkind who sparked the antitrust case against the monopolistic software giant.

Clark startled the crowd at the second annual four-day Internet Summit by predicting that Microsoft would surpass America Online as the dominant Internet network and volunteered that he holds 1 million shares of the Redmond, Wash.-based company. The event, which ended Tuesday, was held at the ocean-side Ritz Carlton Hotel in Dana Point.

"Now that I own some stock in them [Microsoft], I kind of like them," he says, explaining his change of heart from the days when Netscape, the Web browsing software company he established, was locked in a bitter and unsuccessful rivalry with Microsoft. Although his old firm ultimately was acquired by AOL, Clark says Microsoft "has the advantage" in the coming years because Microsoft Explorer has won the browser war.

Although Clark is the one who brought Microsoft's anticompetitive business tactics to the attention of law enforcement officials, he didn't voice any strong ethical convictions about the company's fate Tuesday morning. When asked about the proposed breakup of the software giant, he said, "Right now, since I own stock in it, I'd rather see it stay together."