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'Controlled
Burn' of Microsoft May Torch Silicon Valley Says Columnist
WASHINGTON--(BUSINESS
WIRE)-- Warning that the Justice Department's "Controlled
Burn" of Microsoft may soon spread beyond control and
ravage Silicon Valley, James V. DeLong, Vice-President and
General Counsel for the National Legal Center for the Public
Interest and contributing columnist to TechCentralStation.com,
stated that neither the Justice Department nor Judge Jackson
seemed to understand the system with which they were tampering.
DeLong
writes, "If (Bill) Gates and (Warren) Buffet and the people
in the business do not fully understand it (the high-tech
industry), a safe bet is that Jackson, Klein, and the DOJ's
assorted minions understand it even less." DeLong added,
"The fire set by this Justice Department could quickly
blaze out of control and torch Silicon Valley, harming investors
in the process."
DeLong's
column earned praise from James K. Glassman, host of
TechCentralStation. Throughout the trial, Glassman has been a
vocal critic of the Justice Department, continually asserting
that Microsoft has done nothing wrong, and that the company has
actually benefited consumers in leading the technology
revolution.
Surveys
throughout the trial have shown that consumers have an
overwhelmingly favorable view of Microsoft.
James
Glassman was early to link the sharp decline in the NASDAQ (the
index has declined by one-third since March) to the government's
suit against Microsoft. In the April 25 edition of the Boston
Globe, the column "Boston Capital" reported,
"James Glassman was the first to pin the blame (for the
NASDAQ's decline) on the administration." Other analysts
have since followed.
Glassman
pointed out that, not only has Microsoft's stock price declined
but so have the prices of the stocks of Microsoft's toughest
antagonists, companies that had expected to benefit from the
suit: America Online, owner of browser maker Netscape; Sun
Microsystems; Red Hat, maker of Linux software, and many others.
To
read James DeLong's column live and previous commentaries by
James K. Glassman, log onto www.TechCentralStation.com.
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