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Technology Stocks : How high will Microsoft fly?
MSFT 476.24+0.3%Dec 16 3:59 PM EST

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To: John Malloy who wrote (35215)12/8/1999 7:57:00 PM
From: Doc Savage  Read Replies (4) of 74651
 
John, you are making the classic MSFT mistake!

After I first invested in MSFT (the day I saw the "lisa" stuff running on dos for those of you that were around in those days) and make some money, my brother-in-law advised me to sell as he had calculated the market for desktop operating systems and announced that MSFT was approaching maturity.

Fortunately I didn't sell because I, a big Word Perfect user at the time, had seen Word and immediately liked the windows integration. I was also a user of Harvard Graphics and Lotus Notes and had intuitions about what Microsoft might do there. Later it was, as a UNIX developer, when I heard about NT, then IE, then...

The point is, when you consider that we are just beginning the Technological Revolution and take a look at what Microsoft is doing (the future has no wires!) and is in a position to do, calling Microsoft mature is like calling Tiger Woods mature. Sure he has won his share of tournaments but he is nowhere near his prime! In ten years Microsoft will be making lots of money off of things you haven't even heard of yet!

What kind of numbers do you come up with if you continue to project the 41% growth rate?
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