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

To: Brian Malloy who wrote (6966)	5/12/1998 6:46:00 PM
From: Jerry Miller	Respond to of 74651

Tuesday May 12, 6:19 pm Eastern Time Appeals court sides with Microsoft on Windows 98 WASHINGTON, May 12 (Reuters) - A U.S. Court of Appeals sided with Microsoft Corp. (MSFT - news). on Tuesday by stopping a 1997 lower court decision from interfering with the release of Windows 98. The appellate court order -- which will have no effect on any new antitrust case that states or the Justice Department may file -- said the government had a ''very weak'' chance of winning a permanent injunction against Windows 98 under the old U.S. District Court case from last year. The Justice Department alleged last year that Microsoft had violated a 1995 consent decree, which was supposed to improve competition in the software industry. On Dec. 11, 1997, U.S. District Judge Thomas Penfield Jackson issued a preliminary injunction barring Microsoft from bundling its Internet web browser with its Windows 95 operating system or ''successor versions,'' which would include Windows 98. Microsoft appealed that preliminary injunction to the higher court in December, but only talked about problems with Windows 95. Then, earlier this month, the company asked the appeals court to order that the Dec. 11 decision should not apply to Windows 98. In Tuesday's decision, the court agreed. ''Whatever the United States' chances of winning permanent injunctive relief with respect to Windows 95 in the proceeding currently in the district court, they appear very weak with respect to Windows 98,'' the order from a three-judge panel said. -------------------------------------------------------------------------------- More Quotes and News: Microsoft Corp (Nasdaq:MSFT - news) Related News Categories: US Market News