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NASDAQ Holds On Despite the MS Erosion

Submitted by charlie.collins on Wed, 12/31/1997 - 20:05
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On the first full day of trading after the unfavorable MS ruling the NASDAQ holds its own. 16% of the NASDAQ is MSFT. Microsoft has fallen sharply today but not as much as analysts predicted (still it amounts to $30B.) Gainers RedHat, Apple and Oracle keep the NASDAQ afloat. Irony? Redhat on the way up and MS on the way out.