Suite yourself. Fall in love with a stock and suffer the consequences.
Just for the record, though, Microsoft is currently the second highest capitalized corporation in the world. They are VERY far from being the second most profitable corporation in the world, however. If Microsoft
's stock price doubles 2 1/2 more times, they will be capitalized to 1 trillion dollars ( 1/4 of the GNP of the United States ). You may think the stock can double a couple of more times, but my common sense tells me that hell will freeze over before that happens.
If MSFT doubles 5 more times, the company will control more financial resources than any government on the planet (while earning a measly 5 billion / year in profits).
The party is over. Microsoft's unbelievable growth in the stock market is over. They will grow as a company, perhaps even raising to the ranks of an IBM, GM or even GE. But this stock has seen it's growth heyday. Feel happy that you were able to ride it, you made money. Now go take your money and put it in Lucent, Sun Microsystems, AMD, Compaq, etc.. Where this type of growth will continue for some time.
But it's your choice.
-Dan |
