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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: nommedeguerre who wrote (34712)11/23/1999 6:44:00 PM
From: John F. Dowd  Respond to of 74651
 
NT: Your memory of recent history is a little off. MSFT was not sure, as was the rest of the world that AAPL, would even be around in 12 mos. as they had run dangerously low on cash and were at a very low ebb in the marketplace. To insure themselves of a future market for Mac Office MSFT took a remarkable step after tough negotiations with AAPL. They invested 150,000,000 in AAPL and pulled their ox out of the mire. This event is actually a great example of competitive/cooperation wherein MSFT primed the pump of an almost defunct market and saved a company in the same stroke. That is what makes Gates and Jobs good businessmen. Jobs had to bury his ego as did Gates for totally different reasons which were, nonetheless, mutually beneficial to each company. JFD