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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (21012)	10/22/1998 7:41:00 AM
From: Joe S Pack	Read Replies (1) of 50167

Ike, I totally disagree with your view on MSFT. In no way their product is superior nor quality. It is their strength in marketing that makes money. Based on may background and knwoledge I can state that IE wouldn't have caught up unless they pushed it throgh bundling. It is interesting that Gates often uses the word "innovation" to outright copying or stealing. You can not do the same thing in Drug industry. Thanks to opnenss in software industry stealing and copying has become norm and allows people to make lot money on others idea. DOJ has a role. Free market is not qual to marketing mafia. Look at Phone company in US. Thanks to DOJ I am paying 55 cents (in 1998) to India than $2.25 (I used to pay in 1987). Same is true that unless they wnet after IBM we won't have PC's now. I am completely agree that Banking is a very great sector right now. Made more nearly 50% in threee weeks. 28 for CCI and 38 for MER are rediculus. LEH at 22 sold for nearly half their book value. You get these chances very rarley. Convey regards to your family. -Karun

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