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Show The Salt Lake Tribune BUSINESS Friday . June 25, 1999 Antitrust Trial Ends WASHINGTON — Testimony woundto an end Thursdayafter 76 days in the landmark Microsoft antitrusttrial, a courtroom drama that offered a unique look at the nation’s booming high-tech indus- try and the software giant that dominatesit. ‘Thetrial’'s final witness, economist Richard Schmalensee of the Massachusetts Institute of Technology, argued forcefully that the $14 billion MicrosoftCorp. isn’t the entrenched monopolistthat illegally wields extraordinary influence, as portrayed by the government. Schmalensee described a raft of competitors on Microsoft's horizon — the $10billionalliance between rivals America Online Inc. and Netscape Communications Corp., hand-held computers and a new generation of software running across high-speed Internet connections. Butin what becameroutine during thetrial, the company’s witness waschallenged again Thursdayin a piercing cross-examination by David Boies, the Justice Department lawyer whose tough questioning has sometimes appeared to inflict upon Microsoft the courtroom equivalent of a computer system Name las wh ES DulBro pfk 1.56 1030 18% Cee smc Ly 17 3 4 ___5 Prices are expressed in fractions. Common fractions: Y= i25¢ Y= 25 7.5¢ 54 6254 34 = 75¢ 14 = 8756 @ Stock Name: This isthe abbreviation issued to each stock The symbol uses no spaces. If you see a space, itis to set aside a footnote @ Footnotes: u— Anew 52-week high. d — Anew 52.week low 9 — Dividends or earings in Canadian money. Stock trades in US. dollars. No yeld or PE unless stated in U.S. money. n— New issue in the past 52 weeks. High-low range beginswith ¥ Testimony in Microsoft Utah Stocks What you need to know aboutthe New York American and NASDAQ exchanges. the start of trading and does not coverthe entire 52-weekpen- Od. $— Spit or Stock dividend of 25 percent or more in the past 52 weeks. The high-low range is adjusted from the old stock. Dividend begins with the date of split or stock dividend. ¥— Tradinghalted on the primary market ‘Specialpayments not designated as regular are identified in the following footnotes: a — Aiso extra or extra. b — Annual rate plus stock dividend, © —Liquidating dividend e — Declared or paid in preceding Y2months. i — Declared or paid atter stock dvidend or spltup. j— Pad is year. dividend omitted, deferred or no action ‘akenat last dividend meeting, k — Declared paid this year, an accumulat issue wih dividends in arrears. t— Declared or Paid in preceding 12 months. plus stock dividend. t— Paid in Stock in preceding 12 months, estimated cash value or ex-divdend or ex-disinbution date x — Ex-dividend or excrights y — Exdividend or sales n full, 2— Sales in full, pt — Preterred PP — Holder owes installments) or purchase price. rt — Rights. un— Units, wd — When distnbuted. wi — When issued_wt—Warrants www — With warrants, xw — Wehout Warrants. vj — in bankruptcy or receivership or being reoraa: nized underthe bankruptcyact. or securites assumed by uch companies @ PE: PaceiEamings ratio. The curent market pnoe of a com- BoBBssor sR si oRsHRRR oes BUSINESS GLANCE Reading the Quotations NYSE 186 92 ost NASD NASD NYSE Dane! 13 12 ™ 158 31203 24 any’s stock expressed as a muttiple of its total per share earningsforthe previous 12 months Vol: Number ot shares. in hundreds, thattraded hands @ Last: Thetast price the stock sold for. or the closing price @ Cha: The change between yesterday's closing price and the Previous day's close meltdown. FTC Begins Crackdown OnNet Health Promises WASHINGTON — Miracle Ashont 16 32 ‘Ashland S er © 516 21/6 AschCan 52 144270 Asi rd treatments promising to cure liver disease, cancerorarthritis are unlikely these days to grace the pages of reputable magazines or land a commercial spot on a major net- ge Ee ee 3} S 5 work. But on the Internet, companies are at liberty to promoteall kinds ofhealth benefits about their prod- ucts and eveninclude their own socalled research to back it up. the Federal Trade Commission warns. The FTC announced efforts to combatfraudulent health products on the Webandalert consumers. whoincreasingly are using the Internet as a major source of health information, to be discerning The FTC also has evidence that consumers are tapping into the dark side of the Internet's resources and coming up with less- than-credible medical advice. In nies used the Internet to makefalse claims about a cure for arthritis madefrom beeftallow: a shark cartilage remedy to treat cancer and AIDS/HIV; and magnetic therapy devices that can alleviate high blood pressure andliver dis VaePorn “ee Vistas See vitro m as Ca Yecatare 3 *= Yori 781 5 eerie2) aaa 2s WHC) WS 6 2: WICOR 20 debe wus ari sy Waban Wacrova ONES 7 cate : 1 se sti aS le Sure * Warnaco 3 198) 26 >+ Waren ¥ 2086 Wantste Se= +a WA Nae 1 3ales Se Ween: 1855 5 2% Waterss 0 Tas 5. + Wares Tin te mies ee oe : azr &? + ® see . 3 = fe st Ts Sees 5 2 oa a a 7 Mel me: = mim Wes Say? oT) iat ie Tel tebeis Yaar os ot Pi en agage 8 ed = GER. + sa Weverh 51 11 bam DOW + s Wee OF oF mew. Wee Flew TES Wear 8 Toh me Waare r me warcs sor: wae i : geet eventually be at all Wells Fargo branches in California. The company promised to have 20 machines in place in Los Angeles, San Diego and the San Francisco Bay area within the next year. and 100 installed by September 2000. B5E3 eee 33g CompUSA to Cut Up to 1,500 Jobs in Overhaul DALLAS — The personal com. puterretailer CompUSA Inc. plans to cut 1,000 to 1.500 jobs, or up to 7 percent its work force, as part of an overhaul designed to boost profitability. i through ATMtransactions Wells Fargo & Co., threatened with a class-action lawsuit. agreed Wednesdayto be thefirst bank in the nation to install talking ATM machines, Thoughthe technologyis still being developed. the machines will S85ou8 aie Soeuy 7 AN FRANCISCO — Blind bank customers in California may no longer have to feel their way 25s exe SHEEN tt Equihf peweeel Wells Fargo Banks Plan To Install Talking ATMs 5 ‘g 8 Valassis 528 6 Valero 4577 + Vem is 5m aso 2 Ge 3 TG? VKSrnc ga) 9Oe oN IS Ge Varans 10% 23 vasar 113 Se Verator "es & Vertes Ss vertOGC 131151 vesains we voams ov Viacorn® + sla cases announced Thursday, compa- ‘Suees . 2‘e Bown s fiays: is tS am CompUSA, which operates 211 stores in 79 cities, also said in an nouncingits plansthat it will close four stores soon and was consider ing closing as many as 10 others. It currently employs about 21,000 people interest Rates —_ kat new TR Fare GS SR ee ag moe te te faa memento 1 _ kyM252yy) Foreign Steel Shipments Up; Quota Talk Renewed WASHINGTON — Foreign steel shipments rebounded in May, the government reported, just two SOYBEAN On. 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