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...punch and an uppercut." A skyrocketing trade deficit (proving that consumers are still spending way too much) and a sliding dollar (against not only the yen but also the euro) have both rekindled fears that the Fed will hike rates at its board meeting October 5. The uppercut? Microsoft prez Steve Ballmer?s must-have-had-a-few-too-many comments to a roomful of tech reporters about how tech stocks - even his - are way overvalued. Investors fell all over themselves to drop the Nasdaq 108 points, with the Dow in hot pursuit. With the sell-off still chugging along...

Author: /time Magazine | Title: Have the Bears Finally Arrived on Wall Street? | 9/24/1999 | See Source »

...Microsoft is still in there punching, but its battle royal with the Justice Department was over a long time ago. "Nobody on Planet Earth believes that Judge Thomas Penfield Jackson isn?t going to rule against Redmond on this one," says TIME technology writer Chris Taylor as the Microsoft antitrust trial limped into its penultimate round on Tuesday with the start of final oral arguments. "About all they can do now is keep pressing their case and try to mitigate what will certainly be an unfavorable outcome." Both sides wrapped up with a quick recap of what the trial-watching...

Author: /time Magazine | Title: It's a Brave Man Who Would Bet on Microsoft | 9/21/1999 | See Source »

...system market is Linux, and while it?s promising, it?s still beyond the reach of the common man. There?s been no fundamental shift that would make the government reconsider its case." So what do we have to look forward to after Tuesday? Another long hiatus ? in which Microsoft and the government are meant to think about settling but probably won?t ? after which the two sides will present their visions of the company?s penance (could another billion-or-so charitable contribution be on the way?). That?s where it?ll get interesting; expect the feds...

Author: /time Magazine | Title: It's a Brave Man Who Would Bet on Microsoft | 9/21/1999 | See Source »

...town--for now. Michael Goodman, a Yankee Group analyst, says that as long as the great games keep coming, the company could up its market share to 15% or 20%. Early returns look good. A remarkable 250,000 Dreamcasts sold on launch day. If the pace keeps up and Microsoft gets into the action, then even I'll be e-mailing Santa for a console...

Author: /time Magazine | Title: Back in The Game | 9/20/1999 | See Source »

...find out, I tried a few real-world tests. It took me 48 sec. to install Hoyle Casino (Sierra) on my otherwise comparably configured Dell, vs. 30 sec. on the Compaq. (And two minutes on each to lose $5,000 in Texas Hold 'Em.) Installing the morbidly obese Microsoft Office 2000 took 7 min. 40 sec. on the Dell but 6 min. 30 sec. on the Compaq. Starting up Word on both PCs was so fast (mere tenths of seconds) that I couldn't accurately record it on my stopwatch. Getting rid of that hideous animated paper-clip help...

Author: /time Magazine | Title: Racing Chips | 9/20/1999 | See Source »

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