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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (11909)	1/22/1998 11:34:00 AM
From: Moonray	Respond to of 22053

Microsoft, Justice announce antitrust deal Thursday January 22, 10:44 am Eastern Time WASHINGTON, Jan 22 (Reuters) - Microsoft Corp. (MSFT - news) and the U.S. Justice Department announced on Thursday a partial antitrust settlement under which personal computer makers that license its Windows 95 operating system could delete the icon for Microsoft's Internet explorer browser. The surprise announcement was made by attorneys for the two sides at a previously scheduled hearing on the antitrust case before U.S. District Court Judge Thomas Penfield Jackson. Assistant Attorney General Joel Klein described the settlement as a big win for consumers. He said it showed that technology companies developing innovative computer software would not be ''snuffed out by Microsoft's exercise of monopoly power.'' The settlement resolves the Justice Department's charge that Microsoft had violated the Dec. 11 order from Judge Jackson by offering computer makers a version of Windows without Internet Explorer that was either out of date or would not work. However, the settlement does not cover the larger Justice Department charge that Microsoft had violated a 1995 consent decree forbidding the company from forcing computer makers who license Windows to also use other Microsoft software. "We are continuing to pursue that matter," Klein said. RESEARCH ALERT - Microsoft (MSFT.O) =2 O The giant software company posted stronger-than-expected ... second quarter earnings late Wednesday but warned that ... financial turmoil in Asia would dent earnings in 1998. O DMG said it raised its fiscal 1998 earnings estimate on the ... stock to $3.30 per share from $3.25 per share and raised ... its 1999 estimate to $3.90 per share from $3.85 per share. O Bear Stearns raised its 1998 estimate to $3.30 a share from ... $3.27 a share and increased its 1999 estimate to $4.00 per ... share from $3.95 per share. O Microsoft and the U.S. Justice Department will settle ... contempt charge stemming from a December 11 injunction, and ... Microsoft would let personal computer makers remove its ... "Internet Explorer" icon under the pact. o~~~ O