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


To: mozek who wrote (50375)10/2/2000 9:58:54 AM
From: PMS Witch  Respond to of 74651
 
Thank-you for posting your explanation about free software. For some time now, I've been reading posts on this, and some other, threads about the age of free stuff we're about to experience. The problem I have understanding all this free stuff is that it all takes some effort and investment to produce, and I don't believe we're currently on the brink of some sort of worldwide altruism epidemic. In fact, much available evidence points to an increase in people's desire to extract profits from their endeavours. Your post helps me reconcile this change in how software will be distributed with what appears to be well established human nature. As you've pointed out, those who labour to produce useful, desirable, and improved products still continue with the expectation of being rewarded: Only the pathways those rewards follow on their journey to their final destination may change. If this is true, those who enjoy the greater utility of those free products will continue to extract some value from using them, and this value will be directly correlated to the price they are willing to pay. Those sitting on the providing side of this equation will be keenly interested in ensuring that benefits do not continue to flow only in one direction for long, (especially to someone else) and will quickly discover methods of securing their fair share too.

However, the question still remains, how does these changes impact Microsoft? Fortunately, we have market where those who view the situation optimistically can exchange shares with those who view things differently. We'll all know how this story unfolds in time. For now, you've given me something new to think about.

Cheers, PW.

P.S. Mark Twain once said "I embrace progress. It's change I can't stand".



To: mozek who wrote (50375)10/2/2000 12:31:46 PM
From: David Howe  Read Replies (1) | Respond to of 74651
 
mozek, Well put.

<< Technophiles have free access to it and can participate in its growth, but before it makes a significant difference to the masses, it will be bundled, spit-polished, and integrated with products and a business model that, necessarily, creates revenue for its protagonists. The free underlying technology is simply being used to experiment with new, business models that can be layered above. >>

It takes tremendous energy and innovation to produce a product like Office, or SQL Server, or Linux. Eventually this energy needs to be motivated by profit. The idea of 'free software' becoming the norm is absolutely nuts. The technology of today exists because of the ability to sell innovation for profit. Without reward, there would never be sustained innovation. JC is completely off-base.

Dave