Weekend Update: New Fines for MS
A weekend update for those of you longing for an MS news fix -- a further development in the notorious case of the Software idiots versus the World government.
The EU apparently is in the final throes of deciding whether or not to add additional fines to Microsoft's already lengthy rap sheet.
Keep in mind, boys and girls, that the EU/EC has real power.
"The EC has the power to impose a pretty big fine, and I do think that Microsoft would not like to pay that fine,'' market analyst Matt Rosoff says. "Certainly shareholders would not like to see Microsoft paying that fine."
How big a fine? Some analysts are saying it could be in the billions of dollars.
Ultimately, even if MS doesn't have to break up its nest egg, shareholders may pay for Microsoft's hubris. After all, Microsoft shares fell 23 cents, to close at $24.31 Friday on the Nasdaq Stock Market, near the low end of their 52-week range of $24.01 to $30.20.
The year-old EU ruling also forces the company to offer an alternative Windows version for sale without its Windows Media Player software, not that it really matters anymore esp. to Microsoft.
The EU apparently is in the final throes of deciding whether or not to add additional fines to Microsoft's already lengthy rap sheet.
Keep in mind, boys and girls, that the EU/EC has real power.
"The EC has the power to impose a pretty big fine, and I do think that Microsoft would not like to pay that fine,'' market analyst Matt Rosoff says. "Certainly shareholders would not like to see Microsoft paying that fine."
How big a fine? Some analysts are saying it could be in the billions of dollars.
Ultimately, even if MS doesn't have to break up its nest egg, shareholders may pay for Microsoft's hubris. After all, Microsoft shares fell 23 cents, to close at $24.31 Friday on the Nasdaq Stock Market, near the low end of their 52-week range of $24.01 to $30.20.
The year-old EU ruling also forces the company to offer an alternative Windows version for sale without its Windows Media Player software, not that it really matters anymore esp. to Microsoft.
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