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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (13011)12/11/1997 7:58:00 PM
From: rgrig  Respond to of 70976
 
If I am interpreting this correctly I believe the Nasdaq Index closed at 1001.88, therefore, the futures may actually be up by 5 points. Correct me if I am wrong.



To: Proud_Infidel who wrote (13011)12/11/1997 8:18:00 PM
From: Kumar Nathan  Read Replies (2) | Respond to of 70976
 
Brian: How much of this loss can be translated in Composite Index?

Secondly I just looked at the chart without taking into account any of the news. For the week as of now NASDAQ lost close to 100 points whereas DOW lost 300 points.

If both of the index were to go in tango then DOW has to loose additonaal 200 points. Or else with a positive spin NASDAQ has to gain close to 35-40 points to end the week with an equilibrium.

If we take bond into account then both DOW and Nasdaq has to catchup big time.

Regards

Kumar



To: Proud_Infidel who wrote (13011)12/11/1997 8:18:00 PM
From: 16yearcycle  Read Replies (2) | Respond to of 70976
 
Brian and all,

The judge in the justice vs. msft case apparently ruled against msft.

Whether you are a msft investor or not, the timing is horrendous.

I'll get details within an hour, but if it's bad, you can count on a disastrous open tomorrow, at least.

Unbelievable the series of events this week.
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U.S. Judge bars Microsoft link on software, browser
WASHINGTON, Dec 11 (Reuters) - A U.S. federal judge Thursday ruled that Microsoft Corp. [Nasdaq:MSFT - news] must license its dominant Windows 95 operating software to computer makers without requiring them to take its Internet Web browswer.
U.S. District Judge Thomas Penfield Jackson acted swiftly, as the U.S. Justice Department had requested.

He said Microsoft ''shall cease and desist ... from the practice of licensing the use of any Microsoft personal computer operating system software (including Windows 95 or any successor version thereof), on the condition, express or implied, that the licensee also license and pre-install any Microsoft Internet browser software ... pending further order of (the) court.''

The judge for the time being denied the Justice Department request to hold the software giant in contempt for violating a 1995 antitrust agreement, and he ordered that a special judicial officer be appointed to consider issues of facts and law in the case.

G