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Technology Stocks : How high will Microsoft fly?
MSFT 481.60-1.7%2:18 PM EST

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To: Jean M. Gauthier who wrote (19485)4/2/1999 12:09:00 AM
From: ed  Read Replies (1) of 74651
 
Well, Who said a company can't grow to the level of over $2000 B ? It all depends on the scale of economy and the potential of the market where the company sells its
products into. 7 years ago, everyone said Microsoft can't be a company of $1 B cap, today , if you look back, a company with a cap of $1 B is really nothing, and how many companies in the market have cap of over $100 B , you know that. It all depends on the growth of economy, and scale of economy. If a company is in a fast growing market, then sky is the limit for its cap. Do not forget, the world population is growing every year which build the foundation for a larget scale of economy year after year. 20 years ago the Dow of 1000 is unthinkable for people on the street , see
what is DOW now ? Now people said DOW 100000 is impossible, well , you will see
in 10 years.
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