Microsoft and Competitors Continue to Waste Resources on OOXML
-
Font Size:
Unfortunately, despite the April 2 press release from the International Standards Organization [ISO] reporting that the ECMA/Microsoft (MSFT) standard for document formats, popularly known as OOXML, has been voted in, we now start a 60-day period when appeals can be filed. After one is filed (is there any doubt?), the appeals process can go on for many additional months, and through four levels of the ISO.
What are typical grounds (quoting from ISO rules):
11.1.2 A P-member of JTC 1 or an SC may appeal against any action, or inaction, on the part of JTC 1 or an SC when the P-member considers that such action or inaction is:
• Not in accordance with these directives; or
• Not in the best interests of international trade and commerce, or such public factors as safety, health or environment.
11.1.3 Matters under appeal may be either technical or administrative in nature. Appeals on decisions concerning NPs, CDs and DISs are only eligible for consideration if:
• Questions of principle are involved;
• The contents of a draft may be detrimental to the reputation of IEC or ISO; or
• The point giving rise to objection was not known to JTC 1 or SC during earlier discussions.
Does all this hogwash in bold sound familiar? Were Google's (GOOG), IBM's (IBM), Red Hat's (RHT) and Sun's (JAVA) executives and lawyers building the record for appeal all along with their rabble rousing of the blogosphere?
What a collosal waste for shareholders for all companies concerned.
Get Free Stock Alerts by Email!
-
Editor's Picks
-
Most Popular
- Hoping the Housing Crisis Is Over
- High Steel Prices: A Preview of Peak Oil
- China: No, But This Time Really Is Different
- Learning From Bill Miller's Recent Underperformance
- Government Inflation Data at Odds with Reality
- A Conversation with Nobel Laureate William F. Sharpe
- Full list of Editor's Picks »
-
Long Ideas
-
Short Ideas
-
Cramer's Picks
- The Bull Case for Sybase
- 5 Reasons To Own Qualcomm
- Central Sun Mining: When the Dust Settles, Juniors Will Shine
- Imperial Sugar: Insurance Coverage Adequate to Rebuild
- E*Trade Primed for a Breakout
- Solarfun Earnings Could be the Perfect Trigger for a Short Squeeze
- Melco PBL Entertainment: The Crown of Macau
- Putting PETS Down
- Petrobras is Hoarding the World's Deep Sea Drillers
- Perfect World a Perfect Play
- Full list of Long Ideas »
- PNC Financial Services: Facing the Heat
- Clearwire: Burning Cash by the Billions
- Why I'm Short Nextwave Wireless
- Fast Money Recap - Talking Turkey (5/14/08)
- Get Ready to Short Homebuilders
- Red Flags at American Superconductor: Don't Get Burned
- Disclosures: The Long / Short Dual Standard
- Why Gencor Industries Hit the Asphalt
- Wal-Mart's Retail Empire - Fast Money Recap (5/12/08)
- Earnings to Watch This Week
- Full list of Short Ideas »
- Agriculture Is Still Growing - Fast Money Recap (5/15/08)
- Going with the Wind - Cramer's Stop Trading! (5/15/08)
- Cramer, the TIN Man - Cramer's Lightning Round (5/15/08)
- Hot Chile - Cramer's In-Depth (5/15/08)
- Fame and Fortune - Cramer's Mad Money (5/14/08)
- The CAT's Meow - Cramer's Lightning Round (5/14/08)
- Breaking Up is Good to Do - Cramer's Stop Trading! (5/13/08)
- OMG, What a Bad Quarter - Cramer's Lightning Round (5/13/08)
- Housing Prices Take Their Toll - Cramer's Mad Money (5/13/08)
- Blockbuster is Dumb - Cramer's Lightning Round (5/12/08)
- Full list of Cramers Picks »
Most Popular Feeds
-
ETFs
-
US Market
-
Long Ideas
-
Alt. Energy
- Full list of feeds »


This article has 4 comments:
I've read parts of the standard (not all 6000+ pages, I'm afraid), and the detractors have a valid point: it reads like it's written by software engineers pretending to be lawyers -- or vice versa.
-- Dennis Byron