Microsoft Tumbles (12/26/97)
SceneLink
 

Wall Street's typically unshakeable confidence in Microsoft's stock took a small beating amid Department of Justice antitrust proceedings and the Redmond Giant's response to the judge's preliminary injunction. A Reuters story reports that MSFT fell over four dollars to a seven-month low of $118.94 last Christmas Eve (though when we checked on Boxing Day, it had bounced back to $120.75. You can always track Microsoft's stock here).

So while Microsoft's stock is still up a whopping 44% from this time last year, we find it noteworthy that it's down 19% since December 8th, which was just before Judge Jackson ordered Microsoft to stop forcing Windows licensees to ship Internet Explorer on all systems. Even analysts who support Microsoft's legal arguments are chafing at the way that Microsoft has "thumbed their nose at Justice." The harsh language criticizing Judge Jackson in Microsoft's court filings are symptomatic of an attitude problem-- them's fightin' words, and it seems some investors are getting just a leeeeetle nervous at Microsoft's apparent belief that they are invincible.

It'll be interesting to see how this plays out. On the Apple front, AAPL was hovering at $13.31 when last we checked. (We encourage all faithful viewers to vote their opinion on how the stock will perform by clicking the buttons at the bottom of Stockmaster's page.) Quite a bit of room for improvement, there, hmmmmm?

 
SceneLink (303)
And Now For A Word From Our Sponsors
 

Mash-ups and original music by AtAT's former Intern and Goddess-in-Training

Prim M at YouTube
 

The above scene was taken from the 12/26/97 episode:

December 26, 1997: (Sorry—this was before we started writing intro text for each episode!)

Other scenes from that episode:

  • 302: Excessive for a Temp? (12/26/97)   Well, the rumors have come true-- an AP story in the Las Vegas Sun reports that Steve Jobs has gotten the go-ahead from the the City Council to build a $40,000 heliport near Pixar to facilitate his commute...

  • 304: Live from Moscone (12/26/97)   For those of you who, like us, aren't fortunate enough to be attending the upcoming MacWorld Expo in San Francisco, there's a web option that might help us all keep up to date. MACWORLD Expo-TV is a CU-SeeMe-based webcast that will broadcasting live from the Moscone Convention Center throughout the show...

Or view the entire episode as originally broadcast...

Vote Early, Vote Often!
Why did you tune in to this '90s relic of a soap opera?
Nostalgia is the next best thing to feeling alive
My name is Rip Van Winkle and I just woke up; what did I miss?
I'm trying to pretend the last 20 years never happened
I mean, if it worked for Friends, why not?
I came here looking for a receptacle in which to place the cremated remains of my deceased Java applets (think about it)

(1287 votes)
Apple store at Amazon

As an Amazon Associate, AtAT earns from qualifying purchases

DISCLAIMER: AtAT was not a news site any more than Inside Edition was a "real" news show. We made Dawson's Creek look like 60 Minutes. We engaged in rampant guesswork, wild speculation, and pure fabrication for the entertainment of our viewers. Sure, everything here was "inspired by actual events," but so was Amityville II: The Possession. So lighten up.

Site best viewed with a sense of humor. AtAT is not responsible for lost or stolen articles. Keep hands inside car at all times. The drinking of beverages while watching AtAT is strongly discouraged; AtAT is not responsible for damage, discomfort, or staining caused by spit-takes or "nosers."

Everything you see here that isn't attributed to other parties is copyright ©,1997-2024 J. Miller and may not be reproduced or rebroadcast without his explicit consent (or possibly the express written consent of Major League Baseball, but we doubt it).