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

To: johnd who wrote (54723)	12/24/2000 11:09:50 AM
From: johnd	Respond to of 74651

Will Ashcroft settle? === "In a 1998 letter to his constituents in which he referenced the Justice Department’s investigation of Microsoft, he declined to speculate on the outcome of that investigation, but said, “I am confident of this: whatever the outcome, any effort by Congress to micro-manage this dynamic sector of the economy is doomed to backfire.” Ashcroft went on to say that the “only thing more frightening” than Congress trying to muck with the high tech sector “is the notion that we need the FIC — a Federal Internet Commission” to regulate the industry along with the Federal Communications Commission and the Federal Trade Commission. “Congress needs to remember that the technology industry has flourished precisely because the federal government has gotten out of its way,” Ashcroft’s letter said.