Adopting a remarkably conciliatory approach, Microsoft has said it hopes to resolve its differences with Internet software supplier Spyglass in "an amicable way" and intends to carry on working with the company. But it claims Spyglass' audit of its accounts is likely to reveal that it has paid the browser maker too much - not too little as Spyglass claims - in licensing fees.
Spyglass revealed on Thursday that it expects to make substantial losses in its first quarter. It also announced that it suspected Microsoft owed it revenue payments for licensing its software and that it intended to audit the Microsoft accounts to check this out. After initially making no comment, a Microsoft spokesman on Friday said the company believed the audit would actually show that it had paid too much to Spyglass. "We have prepaid several million dollars of royalties," he said.
Some Wall Street analysts speculated that the Spyglass announcement was more of a diversionary tactic than a serious claim to lost revenue.
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