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Technology Stocks : How high will Microsoft fly?
MSFT 485.92+0.4%Dec 19 9:30 AM EST
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To: Paul Fiondella who wrote (4870)1/30/1998 5:05:00 PM
From: Gerald Walls  Read Replies (2) of 74651
 
The market will not displace MSFT

Unchecked monopolies put everyone else out of business. By virtue of their monopoly (pricing power) they eliminate competition. Its happening right before your eyes with NSCP.

IBM had an unchecked monopoly on the IBM PC-class computer.

Using the automobile industry of the late 50's (and even there three companies had market share not one) INNOVATION gets sacrificed in a monopoly situation to STYLE.

And obviously they put all their competition (like BMW, Mercedes, Datsun, Honda, etc) out of business. Not. Notice that when they stopped offering a product consumers wanted (in the 70's, not the 50's) consumers went elsewhere and Chrysler almost failed. BTW, the auto industry was an oligopoly.

The other tendency of monopolies is to take more money out of your pocket for less and less. You should know all of this of course if you ever took a course in economics and studied trust busting.

You're perfectly free to refuse to pay Microsoft's price and instead use Linux or FreeBSD. Or buy an Apple and get your OS from the same people that make the machine. Do you think you have the right to a Intel PC and Windows 95 or do you have the right to buy it if you think it's worth the price being asked?

Why do you hate MSFT so badly?
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