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Technology Stocks : How high will Microsoft fly?
MSFT 486.83-1.1%Dec 1 3:59 PM EST

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To: Michael Ohlendorf who wrote (32442)11/6/1999 8:11:00 PM
From: RockyBalboa  Read Replies (2) of 74651
 
M.O, maybe you noticed that I'm also a European.

But first:

1) I'm stunned by the growth of corporate America. There is little to compare with it, except some sectors in Europe, and maybe France which is growing at good pace.

2) Nowhere in the world the stock markets show that strenght and stability than "here". That said, I have deployed my investments out of Europe in April '98, when I appeared here. Look at the German Dax, at the NEMAX and the scummy part (the majority) of the "Neuer Markt".

3) Nowhere in the world the concept of shareholder == employee has developed external effects of comparable amount. Ie: A good company's employee, endowed with stock options is spreading the word, he is highly motivated to seek business and to talk up the company - the stock.

I live in a country where employee participation is merely a cuss-word. The outcome is to see: zilch, abolutely nil stock performance, even if the company does well, as no external effects transfer positive company results into public stakeholders coffers (except dividends, lol).

I believe that there is no need to blame the "Americans" as you state.
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