How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.53

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Dec 12 9:30 AM EST

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To: Frederick Smart who wrote (44566)	5/9/2000 10:20:00 AM
From: rudedog	Read Replies (1) of 74651

Frederick - I do a fair amount of investing based on "gut feel" rather than detailed analysis. I certainly appreciate your enthusiasm - but my experience is that big trends often take a lot longer to manifest themselves than early pioneers expect. I think many people would be happier and more fulfilled if they concentrated on the things that really give them satisfaction, rather than a proxy for that satisfaction (like money). But mostly what I see in the current generation of "young turks" is the same kind of trophy hunting that I saw 30 years ago. Get the big title, the big bucks, make the score. If anything, that trend is more pronounced. As long as the aggregation of wealth is a fundamental goal (and I think that is unlikely to change much after 10,000 years or so, despite the internet), then mechanisms to help with that aggregation like big companies will play a major role in the way people interact. There may be a change such as you suggest eventually, but I don't expect it in my lifetime, or my children's lifetime either. Look at how long hereditary monarchies persisted after it became pretty obvious that they were dysfunctional.

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