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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator
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To: Bill Harmond who wrote (3101)11/18/1996 9:31:00 AM
From: Reginald Middleton   of 24154
 
<What does MSNBC offer that is differentiated from other cable services? Cable channels were a great idea
in 1977. Now it's just a big free-for-all, with clearance issues and fractionalizing audien>

Are we having a problem peeking into the future here? You are thinking in terms of today, Gates is thinking in terms of tommorrow. I know Gates is no god, but you must give him some credit for extraordinary foresight (after all, he did build the worlds most powerful software company and threatens to be the only one to maintain that status over a major paradigm shift). Software will be an integral part of the NEW MEDIA. Why else will Welch offer Gates 50% for such a low price (220 million is almost 50% of the first years losses, that does not seem low to you, think of what the other giants paid on a a time/inflation adjusted basis). Why else would Welch pick MICROSOFT?
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