To: Uncle Frank who wrote (551 ) 2/27/1999 2:20:00 PM From: Sonki Read Replies (1) | Respond to of 54805
all the bad news are in msft and still holding 150. last low was 145. we may / may not visit 145 one more time but lot more upside (+30) then down side (-5).... load up ---------------------------------------- A senior MICROSOFT CORP official testified on Thursday that he refused to permit computer makers to change the Windows operating system because it would be like tearing out a chapter of Moby Dick. Joachim Kempin, a top company executive, was defending Microsoft against government antitrust charges. Government lawyer David Boies asked Kempin about the efforts of some computer makers to replace the icon for Microsoft's browser with an icon for the competing Netscape Communications browser. "As you know the browser is part of Windows," Kempin said. "We did not like people to butcher the Windows operating system ... We design our products with a certain amount of pride and we are keen that they get presented to the user as we presented them * The MICROSOFT CORP executive who set the price of Windows 98 said in testimony released at the company's antitrust trial Thursday that he picked his price without having to consider the competition. An antitrust expert said the testimony by senior vice president Joachim Kempin came close to an admission that Microsoft Corp. holds monopoly power, a central issue in the case. Perhaps equally important, District Judge Thomas Penfield Jackson questioned Kempin intensively about sworn statements by a Gateway Inc. executive who said that his computer manufacturing firm was threatened by Microsoft * The landmark MICROSOFT CORP antitrust trial adjourned Friday for a lengthy recess with the company's defense in disarray and a strong likelihood the judge will eventually rule for the government. Microsoft's fortunes have slid in recent weeks as its defense witnesses ran into a buzz saw of questions from legendary litigator David Boies, hired specially for this case by the government. A lawyer who asked not to be identified because he works with Sullivan & Cromwell, the law firm representing Microsoft Corp., said he was puzzled by the mistakes. "I really don't understand what is going on here," he said. "They are better than this." * MICROSOFT CORP senior vice president James Allchin, who had testified at the software giant's antitrust trial, may have sold 45,000 common shares worth about $7 mln, a SEC filing said. Allchin disclosed the proposed sale in a form 144 regulatory filing dated February 25. That document signals an intention to sell stock but does not obligate a sale. Kim Kuresman, a spokeswoman at Microsoft, would not confirm the sale went through as "we don't comment on our executives' holdings." But she said any sale would be a part of routine portfolio diversification. Microsoft would not disclose Allchin current holdings in the company *