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


To: Ibexx who wrote (9395)7/17/1998 7:41:00 AM
From: Moominoid  Respond to of 74651
 
CNN were giving 116 1/2. Don't know where they got it from. I'm happy anyway because it is at least not up and I am already up almost a dollar per share and therefore more than breaking even at the close.

David



To: Ibexx who wrote (9395)7/17/1998 6:42:00 PM
From: Flair  Read Replies (1) | Respond to of 74651
 
Ibexx & all, - "States drop Office claim in Microsoft suit"

SEATTLE, July 17 (Reuters) - Attorneys general for 20 states and the District of Columbia filed an amended
complaint Friday in their antitrust suit against Microsoft Corp., dropping charges related to the Office
computer software package.

A spokeswoman for New York Attorney General Dennis Vacco said the Office claims had been ''put on the
back burner'' so officials could focus on preparing for a Sept. 8 trial date.

''We are continuing to look into the Office claims by issuing subpoenas next week,'' said the spokeswoman,
Mollie Conkey, who declined to give details. ''It does not mean we do not think the Office suite charges are
viable.''

She said the attorneys general also had bolstered their main charge that Microsoft had abused a monopoly
position in the operating system market to try and squeeze out rival Netscape Communications Corp. (NSCP -
news) from the Internet browser market.

A Microsoft spokesman said the dropped charges were a ''very positive development'' for the company.

''The action by the states today combined with the recent appeals court ruling means that several major
elements of the governments' case have been eliminated,'' spokesman Tom Pilla said.