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Technology Stocks : How high will Microsoft fly?
MSFT 496.920.0%Nov 7 9:30 AM EST

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To: Gary105 who wrote (5394)3/7/1998 8:03:00 PM
From: Keith Howells  Read Replies (1) of 74651
 
Gary,

b. Big aftermarket for MSFT, many I know are upgrading to new Office version so that they can read files sent to them by those whom already have it.

So MSFT gets to sell their software with almost every new computer as well as upgrade old ones. I need to hear more about unit growth of new computers but unless I'm convinced of a drastic fall off in unit growth I will stick with msft. I also thought the stock split was a positive sign. The only dilemma I face is the earnings estimates for upcoming year show slower growth, although msft earnings estimates have history of improving as year progresses.
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These are the reasons that I invested in the company. I had quite a few shares of CPQ but became worried about revenues not the number of machines that they are selling. So I got out and bought MSFT. I think Windows98 will be a hot seller regardless of whether it's a minor upgrade or not. Software sales should be great especially to owners of those sub $1,000.00 PC's.

I think your reasons for the potential growth in software also pertain to the internet companies like Yahoo etc. The thinking being that more users equates to more profits for those companies. I don't own any stock in any of those companies, but if I had any more cash, I would consider them. -Keith-
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