Those who have followed the case know the Microsoft suit was politically motivated. According to Federal Election Commission reports, Bill Gates doesn't give much money to politicians, but his competitors do. So the politicians were glad to beat up on Microsoft. When Federal Judge Thomas Penfield Jackson handed down his misguided Microsoft decision, Joel Klein said it would benefit America's consumers. The only beneficiaries of Judge Jackson's decision are the politicians and Microsoft's politically connected competitors.
Investors know the government has replaced market efficiency with chaos.
The computer revolution has driven the current economic expansion. But now the business will no longer respond to consumer demand with more powerful products and ever-falling prices, but instead will be run by the likes of Joel Klein, Judge Jackson, Bill Clinton, Al Gore, George W. Bush, and other politicians. No wonder investors rushed to get out of computer stocks. The AP reported Friday April 14, that when a sustained drop of more than 20 points occurs, it's called a Bear Market.