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Technology Stocks : SMALL CAP TECHNOLOGY STOCKS: WHO WILL BE THE NEXT MSFT???

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To: Steve Lee who wrote (69)5/14/1997 12:54:00 PM
From: syborg   of 84
 
> Microsoft is run by one very switched on businessman whereas IBM > could be run by anyone next year. This is why the "same fate" does > not await Microsoft.

I am not sure of where I heard this (maybe here) but Billy recently got very upset at an internal meeting related to Java and asked the question if anyone had ever heard of Windows. MSFT benefited in the early days from very good luck. It grew by brainwashing MBAs. It continues to inovate by buying technology. MSFT may dominate the desktop market but it does not own the industry. I am glad this thread is active since there ARE and WILL be companies worth investing in and profiting from.

If I did not work in the high tech indistry I would be terrified to try and pick winners given the rate of change. Given that fact you will see continued investment and growth in "blue chip" high tech companies. However investment in new ideas is what partially what the market is all about. Either the product builds a company, fills someones product line gap, or (gasp) fails. Outside of the later I could care less since my investment will pay off.

syborg
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