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Technology Stocks : How high will Microsoft fly?
MSFT 482.09-2.0%12:40 PM EST

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To: Michael Wan who wrote (217)9/13/1996 1:43:00 AM
From: Lev Belov   of 74651
 
>> It is very typical for a software company to have 23% net. <<

I'm not really aware of any other comparably large software company having this type of a margin consistently.

As far as why will they keep doing as well as they are...

Well, I've worked for Microsoft and for other companies here in the Valley. I'm an engineer and as such can not really judge the marketing strength, however Microsoft's one is well-known. Engineering-wise I'm yet to see a company (including highly praised Netscape) that was managed as good as Microsoft.

One advise: please don't underestimate the importance of good management and engineering management particularly in the high-tech world.
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