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Technology Stocks : How high will Microsoft fly?
MSFT 478.52-2.8%3:59 PM EST

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To: sandeep who wrote (56812)3/22/2001 5:42:51 PM
From: t2  Read Replies (2) of 74651
 
This dot.com blowup might be a great blessing for companies like Microsoft. I can imagine how happy Ballmer and company are about the blowup in internet stocks.
Few survivers means Microsoft increases lead/takes lead/catches up to competitors.

As an example MSN and Instant messaging are increasing in popularity. Fewer competitors who don't have the financial resources for R and D is going to fit in with their plans.
While Yahoo and others are trying to cut costs, Microsoft is given a great opportunity to take advantage of its large cash reserves for product development.
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