"On the same day that the state of New York published a report
supporting open formats for electronic documents, mighty Microsoft
said that it would support the open-source ODF format in Office
2007. Redmond's own Open Office XML specification may be heading
for the great Recycle Bin in the sky, never to come back.
"The twin developments are noteworthy to astute investors for
multiple rasons. While several European countries, the EU itself,
and the state of Massachusetts have distanced themselves from
proprietary document formats like Word's .doc text documents and
Excel's .xls spreadsheets, the same scene looks much more dramatic
from the lofty heights of the Empire State..."