Sal, the trade press seems to have massively converted to the ilk religion, Microsoft bets the company on NT5 and then slips it indefinitely, and antitrust pops up on numerous fronts, and you say nows the time to buy? Sorry, that prayer from The Economist revived my religious faith, and I'd be hypocritical to be praying for one thing and betting on another. :-)
Seriously, I've never claimed to understand investing, but I have to say I'm impressed by the way Microsoft stock has held steady and even picked up a bit in the face of what seems like rather negative news. The power of the monopolistic death grip, I guess, where are people going to go anyway? And of course, I'm sure Microsoft will make money no matter what; as you say, cheap PC's drive unit sales up and there's no price pressure on Microsoft. If I thought the stock price reflected just confidence in Microsoft's growth in the current OS/Office core, and not expectation of expansion in the monopolistic death grip area, internet and other fronts, I could handle owning Microsoft. But wouldn't I have to start cheering for Microsoft on the war on Java then? And all those other things where Bill's offering that all important proprietary lock, at an apparently seductive price, for now? It's all too confusing for me.
Cheers, Dan. |
