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


To: Harry Sharp who wrote (5152)2/17/1998 3:36:00 PM
From: Harry Sharp  Respond to of 74651
 
Judge dismisses Texas suit against Microsoft
February 17, 1998 01:52 PM
REDMOND, Wash., Feb 17 (Reuters) - A Texas judge Tuesday dismissed a state lawsuit contending that Microsoft Corp.'s MSFT non-disclosure agreements with computer makers and others with whom the company does business including analysts and software developers, were improper, the software company said.

State District Judge Joseph Hart in Austin dismissed the lawsuit brought by state Attorney General Dan Morales, Microsoft said in a statement.

Morales had contended that the non-disclosure agreements, or NDAs, could hamper efforts to investigate the software giant because they require vendors and customers to notify Microsoft before releasing any covered information -- even to government authorities.

Microsoft argued for dismissal, saying its NDAs were similar to others used throughout the industry and had not interfered with Texas' investigation of the company's business practices.

"We are pleased that the court recognized the important role non-disclosure agreements play in protecting Microsoft's intellectual property -- our most valuable asset," Microsoft associate general counsel Tom Burt said in a statement.

"These agreements do nothing to prevent the government from doing its job," Burt said. "Microsoft has cooperated with the state's investigation, and we will continue to cooperate with the Attorney General's office as its investigation continues."

REUTERS