CNET News.com: Microsoft stock drops on antitrust findings | Linux Today

CNET News.com: Microsoft stock drops on antitrust findings

Written By
Web Webster
Web Webster
Nov 8, 1999

“In early trading, the software giant shed 6.81 points, down
nearly 8 percent, at 84.75. The Dow Jones Industrial Average was
also hard hit, down more than 40 points at 10,659.83 in early
trading.”

“Meanwhile, shares of Red Hat, a leading seller of the Linux
operating system, surged in early trading, jumping nearly 20
percent. Red Hat gained 16.75 at 102.69. Other Microsoft
competitors, including Sun Microsystems and database software maker
Oracle, enjoyed a lift following the news. Shares of Sun were ahead
5.43 at 115.12, and Oracle rose 1.43 at 60.12….”

So, the Red Hats, the Suns [Microsystems] will probably
enjoy good days being that Microsoft is under such government
scrutiny
,” he said.”


Complete Story

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

Linux Today Logo

LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.