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Path: sserve!manuel!munnari.oz.au!mips!mips!swrinde!cs.utexas.edu!rutgers!uwvax!poona.cs.wisc.edu!hollings From: hollings@poona.cs.wisc.edu (Jeff Hollingsworth) Newsgroups: comp.unix.bsd Subject: Re: UNIGRAM's article on the USL-BSDI suit Message-ID: <1992Aug3.045529.3460@spool.cs.wisc.edu> Date: 3 Aug 92 04:55:29 GMT References: <l7k72rINNgfn@neuro.usc.edu> <leb.712651912@Hypatia> <BZS.92Aug1172816@ussr.std.com> Sender: news@spool.cs.wisc.edu (The News) Organization: University of Wisconsin, Madison -- Computer Sciences Dept. Lines: 28 > >Re: UCB's ability to sustain a legal fight. > >There are several large, research-oriented Universities (Harvard, >Stanford and MIT come right to mind) who are very capable of pursuing >their interests and, no doubt, quite interested in not seeing a >ruinous decision/precedent obtained. Last I heard Harvard had about >$20 billion in its endowments (more or less cash in the bank), and a >fairly capable law school and other specialists in public affairs >(ahem.) > How about this thought. Most of these large endowments are in investments. I would bet that most of these Universities own AT&T stock. Not to mention pension plans run by either the University (or in the case of UC the state of California). If all of these Universities sold their stock in AT&T they could drop the value of the company (by flooding the market) by more than the small net value of USL (compared to the net value of the rest of AT&T). I know some pension mangers are starting to assert their power as significant stock holders. -- ------------------------------------------------------------------------------- Jeff Hollingsworth Work: (608) 262-6617 Internet: hollings@cs.wisc.edu FAX: (608) 262-9777 Home: hollings@warthog.madison.wi.us Home: (608) 256-4839 X.400: <pn=Jeff.Hollingsworth;ou=cs;o=uw-madison;prmd=xnren;c=US>