ZDNet: Berst Alert: Biggest Business Blunder Ever? Why MS Shareholders Should Hate Bill Gates | Linux Today

ZDNet: Berst Alert: Biggest Business Blunder Ever? Why MS Shareholders Should Hate Bill Gates

Written By
Web Webster
Web Webster
Apr 4, 2000

“…if you’re a Microsoft investor, you’re getting screwed
by the tech industry’s poster child for wrongheaded arrogance. A
man who couldn’t admit he was wrong.”

“Because Gates refused to quietly settle three years ago, and
refused again this week, he set his company up for Judge Jackson’s
blistering rebuke. Though an appeals process could take years,
there’s a more immediate and damaging outcome you should know
about.”

“Because there is now a finding of fact and a ruling, the
floodgates are open wider than ever. Consider:

  • 100-115 class-action lawsuits have been filed against Microsoft
    since Judge Jackson issued his findings of fact in November
  • The company is still under investigation for alleged antitrust
    violations in Europe
  • Yesterday’s decision will spur even more filings
  • Lawyers will cite Judge Jackson’s ruling as precedent — at
    least until/unless a higher court overturns it”

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.

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