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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Dealer who wrote (1965)	9/18/2000 7:59:50 AM
From: Dealer	Read Replies (1) \| Respond to of 65232

MSFT'S MR SOFTY WARNS: Microsoft chairman warns tech stocks could fall lower Many technology stocks could still fall further as investors become more selective, Microsoft chairman Bill Gates warns. "There are certainly many, many stocks that will go down in the future," Mr Gates told Channel Nine on Australian television. But Mr Gates, who attended the opening ceremony for the Sydney Olympics on Friday, said he did not believe the technology bubble burst in April when shares in many dot-com companies suffered substantial falls. "The whole technology sector, it's as though people forgot that it's a risky business," the Microsoft chairman said of the faltering market. Commenting on the antitrust case which engulfed Microsoft in recent months, Mr Gates said the case was now in its key phase. "It was always going to be decided by an upper court," he said. Microsoft is appealing a US federal judge's decision to split the company in two after it was found to have violated federal antitrust laws earlier this year. Last updated: 08:21 Sunday 17th September 2000.