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


To: Offshore who wrote (18002)3/14/1999 2:22:00 PM
From: t2  Read Replies (1) | Respond to of 74651
 
Republicans want some Microsoft cash:--don't give any to Orin Hatch though--should be a condition.
quote.bloomberg.com

Republicans Asked Microsoft for $1 Mln Campaign Gift, Time Says

Washington, March 14 (Bloomberg) -- Top officials of the Republican National Committee asked Microsoft Corp. to donate $1 million to the Republicans' 2000 congressional election campaign, Time magazine reported, citing anonymous sources. A Republican spokeswoman wouldn't confirm the amount but said the committee expected Microsoft -- which is fighting antitrust actions filed by the U.S. Justice Department and 19 states -- would contribute ''a very considerable amount,'' Time said in this week's issue. Microsoft gave Republicans nearly two-thirds of the $1.3 million it contributed during the 1997-98 congressional campaign, the magazine said, noting that Congress can pass laws that ''would effectively override any court-imposed solution to the antitrust case.''

Senator Slade Gorton, a Republican from Microsoft's home state of Washington, has proposed reducing the antitrust enforcement budget by an unspecified amount, saying the lawsuits against the software giant by the Justice Department and the states are wrongheaded. (Time, 3/22 www.time.com)