Longhorn Is Leaving Gates Looking Less Than Bullish ; Wall Street Notebook

Summary


He was once considered the unconquerable king of the information superhighway. But William Henry Gates III seems to be hitting some nasty speed bumps.

Not much has been going right for the founder of Microsoft lately. The European Union is shaking him down. Settlement talks are under way over what Microsoft might have to do and how much it will have to cough up to avoid a bruising court fight over its allegedly monopolistic behaviour in software.

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Extract


Longhorn Is Leaving Gates Looking Less Than Bullish ; Wall Street Notebook

On top of this, rival software operating system Linux is continuing to gain favour and Microsoft shares have failed to join Wall Street's recent rally.

In fact, the shares are trading at levels of three years ago...

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