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


To: vinod Khurana who wrote (3996)11/12/1997 12:10:00 PM
From: vinod Khurana  Respond to of 74651
 
MICROSOFT CORP defended itself against charges it is illegally
using its monopoly power, saying the government is trying to
prevent it from improving its products. Microsoft asked a U.S.
District Court judge to dismiss the government's case, charging a
proposed $1-million-a-day contempt citation "is aimed squarely at
preventing Microsoft from including improved features and
functionality in upgraded versions of Windows 95." Microsoft also
defended secrecy agreements which the government wants changed on
grounds they may be impeding Justice Department investigators.
Microsoft said its secrecy agreements with computer manufacturers
are beyond the reach of the government in this proceeding.
(Reuters 09:53 AM ET 11/11/97) For the full text story, see
infobeat.com

* Two leading makers of personal computers said MICROSOFT CORP's
controversial licensing arrangements would not stop them from
offering other Internet browsers. But top officials from COMPAQ
COMPUTER CORP and NEC Corp affilliate Packard Bell said customer
demand was insufficient to merit including competing browsers,
such as NETSCAPE COMMUNICATIONS CORP's Navigator, with each
computer they sold. Microsoft included depositions from Compaq
senior vice president John Rose and Packard Bell senior vice
president Mal Ransom in a filing to rebut antitrust charges.
(Reuters 10:22 AM ET 11/11/97) For the full text story, see
infobeat.com

* DELL COMPUTER CORP was among a group of personal computer makers
who said MICROSOFT CORP's licensing arrangements would not stop
them from offering other Internet browsers. The Dell deposition
was included in a court filing by Microsoft to rebut government
charges that it had violated the terms of a 1995 consent decree
with the Justice Department. Dell said the inclusion of
Microsoft's Internet Explorer in its Windows 95 operating system
did not prevent it from providing a different browser such as
NETSCAPE COMMUNICATIONS CORP's Navigator. (Reuters 10:57 AM ET
11/11/97) For the full text story, see
infobeat.com

* MICROSOFT CORP executives said they did not expect U.S. Justice
Department action against the company to have any impact on the
planned release of the Windows 98 operating system upgrade next
year. In a conference call with reporters, Microsoft senior vice
president Bill Neukom said the department's October petition
charging that the software giant violated its antitrust consent
decree referred only to existing products. "We are proceeding with
the development of Windows 98 to make it the best product it can
possibly be for our customers," Neukom said. (Reuters 02:59 PM ET
11/11/97) For the full text story, see
infobeat.com

* MICROSOFT CORP defended itself against allegations of illegally
using monopoly power, charging the government is "taking sides" to
prevent the software company from improving consumer products.
Microsoft's 43-page document is the latest volley in its battle
with the government, which is trying to win $1 million a day in
fines against the company for alleged violations of a 1995
agreement meant to foster competition. "Although the DOJ
(Department of Justice) professes not to be 'taking sides' in a
competitive battle that continues to provide clear benefits to
consumers, that is precisely what the DOJ is doing," the company
said in its filing. (Reuters 02:29 PM ET 11/11/97) For the full
text story, see
infobeat.com



To: vinod Khurana who wrote (3996)11/12/1997 12:11:00 PM
From: vinod Khurana  Read Replies (1) | Respond to of 74651
 
Sold the 300 shares at $131. Not a bad trade on MSFT. Will pick it back at $130 level.

V.K



To: vinod Khurana who wrote (3996)11/12/1997 4:48:00 PM
From: Alex  Read Replies (3) | Respond to of 74651
 
Well, looks like you got your wish. I see MSFT at around 129 now.

You are right. Something is keeping the stock up. I think your comment that there are 99% bulls is on target. I can't say enough about MSFT but I'm just not sure it can grow enough to justify the P/E it has now and I think these investments in cable are stupid, and low growth. Money to burn...

Alex