Word: browsers
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Dates: during 1990-1999
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...point Microsoft offered $40 million in return for 15% to 20% of the company. But according to Netscape officials, the terms were always hopelessly unacceptable. In an early 1995 negotiation, for example, Netscape asked Microsoft for the advance information its programmers would need to make the Netscape browser run properly with Windows 95. According to Clark, Microsoft refused unless it got a piece of the company and a seat on the board. Netscape finally decided to go to the DOJ through its outside counsel, Gary Reback...
Perhaps if Netscape had agreed to license its code, the company would be in better shape today. But probably not. Microsoft ended up doing the deal with an outfit called Spyglass, whose code became the core of Internet Explorer. Spyglass has since left the PC browser business and is selling software for hand held devices and TV set-top boxes. It posted a $9.7 million loss last year. It was doomed...
...stock lower than its $85 9/16 at Friday's close. I'd buy if it dropped to about $77. As for Microsoft's sworn enemies, Sun Microsystems (workstations) and Oracle (software) are already good long-term buys and, if things go badly for Microsoft, will do marginally better. But browser company Netscape and PC networker Novell are roadkill. It rarely pays to bet on a tech turnaround. Better to just pay your respects and move...
...Yeah but...] ...at least the Windows user can stick the Microsoft browser in the trash and download Netscape...
...Microsoft has taken two separate products--the operating system and the browser--and illegally tied them together. In order to make sure this market doesn't tip and become a monopoly, we thought the most effective, immediate relief would be to ensure carriage for Netscape as the only company that can prevent monopolization...