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The Chronicle Telegram in Elyria, Ohio

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Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

The Chronicle Telegram

Location

Elyria, Ohio, United States of America

Date

Jan 31, 2000

Page

3

Big guns back Microsoft in antitrust trial

Washington AP reports Microsoft attracts a broad legal support network including former White House counsel Lloyd Cutler and ex attorney generals Griffin Bell and Nicholas Katzenbach. The Washington Association for Competitive Technology will file a friend of the court brief arguing antitrust laws should protect consumers and that Microsoft’s aggressive behavior supports industry growth. Trial arguments resume February 22 with possible outcomes beyond the courtroom.

Washington Microsoft Corp Clinton Bush At&t Corp Bell Justice Department Association For Competitive Technology Friend of the Court Microsoft Trade Association Jonathan Zuck Lloyd Cutler Carter Associated Press Cutler Boyden Gray Griffin Bell Howard Thenens At&t Nicholas Katzenbach Lyndon Johnson Katzenbach IBM David Boies Boies William Kovacic George Washington University Netscape Communications Corp Marc Schildkrant Federal Trade Commission Thenens Zack Howard Diamond Norwood, Mass

Wall Street eyes Fed moves amid market slide and prosperity

The piece notes Wall Street watching the Fed as stocks fall last week with the Dow off 2.6 percent on Friday and 4.6 percent for the week while the Nasdaq drops 8.2 percent. It discusses possible rate hikes to 6 percent, the economy growing 5.8 percent annualized in Q4, wage growth, consumer spending up 5.3 percent, and big gains in stock mutual funds offsetting higher rates. Analysts warn of volatility ahead as margin debt reaches record highs and tech stocks face scrutiny.

America Clinton U.S Federal Reserve Fed Wall Street Federal Funds Alan Greenspan David Wyss Standard & Poor's Corp Greenspan Senate Robert Bissell Wells Capital Management Los Angeles Bissell Qualcomm Teron Nooks

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