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6th September 1998 Archive

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  • Markets: Asian phenomenon not new

    Some technology stocks big gainers

    Investors often forget that technology stocks are more volatile than general large capitalisation stocks. In fact, looking at the Pacific Exchange's technology index, there is a slump just about every year -- there have been 12 of more than 12 per cent since 1986, with the worst being 45 per cent in 1987 and 35 per cent in 1990 …

    Business 6 Sep 1998, 08:43

  • Late rallies partly save US shares' bacon

    PeopleSoft neurotic, Symantec takes medicine like little soldier

    Thanks to late rallies, the Dow finished down 42 points to 7640 on Friday, and Nasdaq was down 5 to 1566, having been down 28 earlier. Trades on Friday were down to 619 million shares, compared with 744 million on Thursday. The SOX (Philadelphia Stock Exchange Semiconductor Sector Index closed on Friday just below 200 and is now …

    Business 6 Sep 1998, 09:09

  • Of girlfriends, dosses and consent decrees

    Tangled Microsoft tail seems to have no ending

    The two Bills -- Gates and Neukom (Microsoft's general counsel) -- both had the same girlfriend at one time, but His Billness was first, of course. This news was revealed by Wendy Goldman Rohm in her book The Microsoft File which has, in just a few days, become the number one bestseller at amazon.com. The girlfriend is Stefanie …

    Business 6 Sep 1998, 09:11

  • Email of Microsoft species more deadly than the mail

    Judge "Dread" Jackson lays down the law

    Three times the Department of Justice asked Microsoft to produce documents and emails. Three times Microsoft refused to comply. The cock crowed. Judge Jackson held an impromptu hearing lasting 20 minutes and gave Microsoft 24 hours to produce documents, emails, and details of meetings with Intel, Apple, and OEMs if Apple's …

    Business 6 Sep 1998, 09:13

  • Gates will not take stand at DoJ showdown

    No whitewash near the White House

    Bill Gates will not be a witness at the antitrust trial in Washington scheduled to start on 23 September -- at least not for Microsoft. He will, of course, be liable to appear for the Department of Justice in video extracts of his deposition. No doubt his PR team influenced the decision. Microsoft's PR slant for the decision, …

    Business 6 Sep 1998, 09:15