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Technology Stocks : How high will Microsoft fly?
MSFT 459.86+0.7%Jan 16 9:30 AM EST

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To: Thunder who wrote (52067)10/23/2000 3:27:09 PM
From: Dave  Read Replies (2) of 74651
 
Re "The end is near! The end is near! <G>"

Unfortunately, I don't think MSFT's demise is going to happen any time in the next several decades. They will continue to sell upgrades and replacement OS and Office software for the installed base of PCs, along with whatever dwindling new PC purchases are made in the future. Sure, many people will install Linux or some other new OS on those legacy machines, but many others won't. There are still DOS machines being used to generate billing statements here and there, for pete's sake.

Of course, it could be argued that a business with dwindling profits on sales to a dwindling market (and whose attempts at muscling its way into new markets have been consistent failures) should be valuated very conservatively.

So if the "end is near," it's only the end of MSFT's position as a stock market darling. Not the end of its annoying survival.

Dave
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