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Technology Stocks : How high will Microsoft fly?
MSFT 481.72+0.2%3:59 PM EST

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To: ed who wrote (13508)12/26/1998 2:51:00 PM
From: t2  Read Replies (2) of 74651
 
Jumped in Cisco last week. I had thought PE was a lot higher than it turned out be.
It does not the same degree of protection from competitors as does MSFT. At this point it looks like a pretty good bet. CEO Chambers sounds pretty confident.
As I have said before, MSFT is protected because of Windows and people being able to swith from one MSFT product to another without requiring full training. Furthermore, there is always a resistence to learning a new product but when its MSFT, the user already knows part of what will taught (menus and common commands). It is that familiar INTERFACE with the user that does it. This will make it the dominant company for years to come. Bet on it.
Cisco is a very dominant player in its business and therefore I decided to jump in (my investment philosophy is buy the dominant companies). Started to diversify a little more.
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