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

To: Tom Kearney who wrote (3661)	10/21/1997 10:49:00 AM
From: John Chen	Read Replies (1) \| Respond to of 74651

Tom, better watch out. Sell when MerryLunch and the Friends keeping a tight lip.

To: Tom Kearney who wrote (3661)	10/21/1997 12:13:00 PM
From: vinod Khurana	Read Replies (2) \| Respond to of 74651

Microsoft faces EC probe Company may have pushed European licensees to accept other software October 21, 1997: 8:35 a.m. ET Microsoft - a special report DOJ seeks Microsoft fine - Oct. 20, 1997 European Union Microsoft NEW YORK (CNNfn) - Microsoft Corp. may be fighting a battle on both sides of the Atlantic as the European Commission is conducting its own investigation of the software company's practices. On Monday, the U.S. Justice Department charged Microsoft with ignoring an anti-competitive preactices pact it reached with Justice in 1995. U.S. Attorney General Janet Reno sought a federal judge to impose a $1 million per day fine on Microsoft for requiring PC manufacturers to bundle Microsoft's Web browser, Internet Explorer, with the Windows 95 operating system. The European Commission has been investigating contracts between Microsoft and European Internet service providers, sources told Reuters. Microsoft licenses software to those providers, and the EC is looking into whether the company pushed the ISP's to get licenses for other software as well. Windows is the dominant computer operating system in the world, and regulators on both sides of the Atlantic feel that Microsoft has been using its strong position to force acceptance of its other products. Any conclusions from the EC probe are probably months away, Reuters reported, adding that the EC hadn't yet informed Microsoft of its charges, if any. Approximately six months ago the EC issued a "statement of objections" to Microsoft about its licensing agreements after receiving a complaint. Currently, about 12 investigations are under way into Microsoft's practices. -- From staff and wire reports home \| digitaljam \| contents \| search \| stock quotes \| he