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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (2474)11/1/2001 11:15:06 AM
From: marginnayan  Respond to of 99280
 
This from briefing.com

01:15 ET Microsoft (MSFT) 58.15: Company has reached a tentative settlement in landmark antitrust case with the government, reports Wall Street Journal... According to report, settlement would a) require essentially no changes in the design on MSFT's Windows software and b) leave company's market power largely intact... Government working to get the 18 states that are co-plaintiffs to join in the settlement; if they object case could be forced back to court... While settlement arrangement could still fall apart, expect MSFT, and the market, to respond favorably to the news.

ET Microsoft (MSFT) 58.15: -- Update -- Merrill Lynch says that the settlement reported in this morning's Wall St Journal would be a positive for MSFT, but notes that the 18 states haven't signed off on the deal and they might be reluctant to support a deal that appears to be soft on MSFT.

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State liability still hanging. But may be they will be go soft based on current economic conditions. Waiting for analyst comments. Rick Sherland of GS mafia is very good on MSFT.