Word: jacksons
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Dates: during 1990-1999
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...Microsoft with monopolistic foul play. The thematic centerpiece of their suit--with multiple spin-off charges--was that Microsoft leveraged its power in the operating systems market to aggressively increase the market share of its browser, Internet Explorer. Round One opened in District Court, the honorable Judge Thomas Penfield Jackson presiding. It closed to the brazen bell of his finding of fact on Halloween. The date was eerily appropriate for the 207-page rant for several reasons--ghoulish economics, the monstrous presumptuousness of a philosopher king and a downright creepy disregard...
...little longer. When Windows 3.0 first came out in April 1990, a copy went for $205. The initial price of Windows 98, on the other hand, was only $169. Lowering cost to the consumer, it seems, just doesn't correlate with market virtue anymore. Although, in all fairness to Jackson, we are talking about only an 18 percent reduction...
...effectively eliminated Netscape as a platform threat." But the charge holds up only in virtual reality, at best. Netscape still enjoys a comfortable 42 percent of the browser market and that figure will increase to a snugly hegemonic 58 percent after its acquisition by AOL is complete. Then again, Jackson's understanding of the word "eliminate" could just be more rich and nuanced than Webster...
That's one reason not to sell in the wake of Judge Thomas Penfield Jackson's ruling on Friday. Things aren't as bleak as they seem, and the stock--depressed in recent weeks--could start to run very soon now that the bad news is out. In perverse Wall Street logic, "the cloud has been lifted," notes analyst Brian Goodstadt at Standard & Poor's. Except for Valley brats who compete with Microsoft (themselves fabulously rich), nobody really wants the stock to fail...
...browser wars are a good example. Netscape owned the market just two years ago. Microsoft, late to the Internet game, threw vast resources in that direction and now accounts for 64% of browser usage. Jackson's ruling means that Microsoft's capacity to assault a problem like that will probably be diminished in the future. But nothing is certain. The battle has just begun. Appeals could take years, and in the meantime the post-PC world may emerge in glory and render the judge's concerns moot. Do you want to miss another double...