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Technology Stocks : How high will Microsoft fly?
MSFT 476.080.0%Dec 17 3:59 PM EST

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To: Frank Ellis Morris who wrote (38096)2/18/2000 6:35:00 PM
From: miraje  Read Replies (1) of 74651
 
The spread between interest rates and core inflation is at a very high level on a historical basis. Although Chairman Greenspan has duly noted the increased productivity levels, brought about in large part due to the rapid advances in IT, I wonder if he has really factored in the true extent to which such productivity enhancements necessitate a reworking of old economic models.

Interesting that bond prices are going up and yields going down in the face of hawkish, future rate increase policy statements.

It will also be interesting to view the consequences if the government succeeds in their stated wish to break MSFT into a series of Baby Bills. I wonder what such a balkanization of OS platforms would mean for application developers who will need to port to that many more platforms? Enhanced productivity, I'm sure. And companies that currently shun the myriad of Unix and Linux variants in favor of a standardized Windows platform will no longer have that option.

Individuals and companies that favor a Baskin & Robbins approach to IT solutions already have that choice. Others choose, for whatever reasons, MSFT solutions. I don't see how taking away that choice enhances anything, except perhaps the profits of companies such as SUNW, to the detriment of consumers.

Just my 2 cents.

JB
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