How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 465.93

+3.3%

Jan 23 9:30 AM EST

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To: John Donahoe who wrote (4037)	11/16/1997 10:20:00 PM
From: Columbo	Read Replies (1) of 74651

"It is worth stressing that Microsoft's monopolistic practices... Mighty impressive but please include the rest: "However, the fact that a monopoly has a social purpose is hardly unprecedented. Most of the monopolies of the past were lauded by many segments of the business community for ending reckless speculation and destructive competition in favor of stability--just look back at the initial respect for John D. Rockefeller in creating Standard Oil. It is only later, as the monopoly matures and upstart competition finally fades, that the abuses of monopoly clearly overwhelm its advantages. At that point it is extremely hard to reverse." ======== To answer the question "When is a monopoly good?". From what I remember, it is good when you need to guarantee a service like electricity or sewer service. Economist could probably expand. The big diff here is that it's regulated. MH #0

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