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Technology Stocks : How high will Microsoft fly?
MSFT 476.18+0.8%12:53 PM EST

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To: Ed Schultz who wrote (4586)1/2/1998 6:58:00 PM
From: Bill Fischofer  Read Replies (1) of 74651
 
Re: Market Caps

I agree that $400 in 3 years may be a tad aggressive but to argue that MSFT cannot get there because its market cap would be "too large" is missing the point. MSFT will be worth much more than that by 2010. While the notion of a company commanding a trillion dollar market cap may seem outrageous today, remember that market caps of 10, 50, and 100 billion dollars were seemingly "impossible" not so long ago. The 21st century global information ecomonmy will be tens of trillions of dollars per annum in size. Companies supplying the critical infrastructure of that economy such as MSFT, INTC, CSCO, CPQ, and EMC will be very handsomely rewarded. That's why I consider them core holdings.
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