How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.65

-0.8%

Dec 31 3:59 PM EST

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To: Sir Francis Drake who wrote (21528)	4/24/1999 7:11:00 PM
From: Bill Fischofer	Read Replies (1) of 74651

You are correct However, the market is a discounting mechanism that looks ahead. Eventually Wall Street will figure out that the "spam-your-way-to-prosperity" business model is a house of cards. The mainstream media is slowly beginning to catch on. See, for example, latimes.com from the Los Angeles Times on the subject. Does this necessarily make AOL or YHOO bad investments? Hardly. The reason is that they have content that is worth paying for. The transition may be a bit rocky at points but I am confident that they will survive. Many others will not.

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