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Old 02-27-2008, 08:47 AM
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Msft - Microsoft Fined

EU Fines Microsoft $1.35 Billion For Failure to Comply with Ruling

By Peppi Kiviniemi

BRUSSELS -- The European Commission Wednesday fined Microsoft Corp. a record €899 million, or $1.35 billion, for failing to comply with the commission's 2004 antitrust ruling.

The commission said that, until Oct. 22, 2007, Microsoft had charged "unreasonable prices" for access to technical documentation which would allow third party developers to create compatible software.

The fines were garnered over a 488 day period of noncompliance, amounting to a daily fine of €1.84 million. Although this is the highest amount the commission has ever charged in an antitrust case, it was still only 60% of what it could have been.


I hope you did not buy into msft this past week on the report that msft was coming out with major news. I see msft as dead money but that is my opinion.
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Old 02-27-2008, 11:27 PM
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Hey Cutter!

Well, I know that MSFT is struggling right now BUT I don't see it as dead money myself. Maybe in a coma though.

Thing is, the last two earnings reports have kicked ass...I think like apple they are getting unfairly slammed by market forces, although I'm not so sure the Yahoo thing was a great idea.
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Old 02-28-2008, 01:58 AM
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Quote:
Originally Posted by Dave View Post
Hey Cutter!

Well, I know that MSFT is struggling right now BUT I don't see it as dead money myself. Maybe in a coma though.

Thing is, the last two earnings reports have kicked ass...I think like apple they are getting unfairly slammed by market forces, although I'm not so sure the Yahoo thing was a great idea.
Exactly, when you consider the fact the company's got no debt and billions of leveraged cash flow, this is basically a slap on the wrist(with a massive paddle, but still). I still like the Microsofts financials a lot, even though I'd wait for a bit for an even lower price before getting in.


AAPL,RIMM and MFST, I'd love to own those companies but man are they ever expensive.

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