Ross,
Some more thoughts on MSFT.
With such a large 'presence' in the marketplace, and the vast numbers of people that are using MSFT, along with the 'historical' performance, everybody is encouraged ( from 'within' and 'without' ) to 'get a little of the action'! If MSFT can keep its price in the 'affordable' range, and people will buy 'a few shares' for their portfolio, then for them to spend a few bucks on the new release is 'no big deal' because 'they own a piece of the action'! (Maybe MSFT should 'issue' a share of stock for every $1000 of registered software that you buy! That would be a 'horrendous' bookeeping nightmare, but would it encourage more 'sales'? What a thought, buying into the company by using their products! That idea will be used at sometime, if it isn't somewhere already! If it isn't, YOU HEARD IT HERE FIRST!!!!)
Additionally, with the historical performance, MSFT has attracted the eye of the mutual fund managers, and those are some people that are trying to maximize their performance, and they have the money to do it! There is a lot if momentum right here, right now!
Does this make 'cents'?
Ken |