MSFT Internet Explorer vs. NSCP Navigator Message Board

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Technology Stocks : MSFT Internet Explorer vs. NSCP Navigator

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To: Gerald R. Lampton who wrote (19686)	5/24/1998 9:12:00 AM
From: Thure Meyer	Read Replies (1) of 24154

"It may require expert testimony to establish whether marginal costs do not rise as quickly, or may even fall, in the software industry, as network effects and increasing returns would suggest,.." Gerald, It will be complex if this case is partially based on emergent economics, in particular increasing returns and network externalities. On the plus side, it will force a very public examination of the whole software, telecommunications, computer and media markets. This whole thing is very timely in an eerie kind of way. The Microsoft issue is acting as a kind of attractor to sort out a lot of issues, including (potentially) the valuation of technical stocks. Thure

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