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Technology Stocks : InfoSpace (INSP): Where GNET went! -- Ignore unavailable to you. Want to Upgrade?


To: sandintoes who wrote (22850)12/17/2000 11:15:15 PM
From: KLP  Respond to of 28311
 
If this article in Bloomberg is true, wonder how it will affect INSP...??

U.S. President-Elect Bush May Halt Microsoft Split, Paper Says
By Dex McLuskey

quote.bloomberg.com

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)



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