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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gary Burton who wrote (64523)12/17/2000 10:40:15 PM
From: KevinMark  Read Replies (1) | Respond to of 99985
 
U.S. President-Elect Bush May Halt Microsoft Split, Paper Says
By Dex McLuskey

Redmond, Washington, Dec. 16 (Bloomberg) -- U.S. President- elect George W. Bush may remove the threat to break up Microsoft Corp., the world's biggest software company, Sunday Business reported, citing Republican Party corporate adviser Kevin Hassett.

The incoming administration might accept a settlement to the U.S. Justice Department's antitrust case against Microsoft that falls short of President Bill Clinton's preferred remedy of a breakup, the paper said.

``Nobody in (Bush's) administration thinks the case is a good idea,'' Hassett said, according to Sunday Business.

Microsoft is appealing a breakup order issued this year by a federal judge who ruled that the company illegally defended its Windows monopoly for operating software. The case is to return to an appeals court in February.

(Sunday Business 12/16 p.1)

quote.bloomberg.com

BTW..when you have a chance, pull up a trading log for MSFT and you will see some pretty big players positioning themselves in this stock. I will be very surprised to see it break 48.

KM



To: Gary Burton who wrote (64523)12/17/2000 10:48:44 PM
From: JRI  Read Replies (1) | Respond to of 99985
 
Thanks Gary.....did not mean to indicate that we've seen the big Kahuna bottom, rather intermediate...but as 2 weeks ago showed, some great upside can be made in (any) these countertrend rallies...