Microsoft Volume II

4521.033 - 4548.405 Bill Gates

It's also worth pointing out from late 1999, when the findings of fact came out, over the next 12 months, Microsoft's market cap dropped from $600 billion to $270 billion, which was a 55% drop. Now, this coincided with the dot-com bubble and the CEO change that we're going to talk about shortly. But the perception of Microsoft, this super high flyer, completely fell off a cliff from this ruling.