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

To: ThomasG who wrote (52761)	11/7/2000 12:19:53 PM
From: David Howe	Read Replies (1) \| Respond to of 74651

Thomas, Thanks for saving me the time of having to explain to 'Dave' that MS is not just a PC company. I will state this one more time. PC growth does not have to continue in order for MS to support its current stock price. I believe PC growth will continue for another decade or so, but it's not necessary in order for MS to grow. You pointed out the enterprise software market which is just one of many growth areas for MS. 'Dave' thinks that because other areas of MS business aren't profitable at this time that they won't be profitable in the future. 'Dave' apparently doesn't understand business. 'Dave' thinks that everyone would have to own hundreds of PDAs in order for MS to grow. 'Dave' doesn't realize that nobody thinks MS will grow like it did the past two decades. The MS bulls think it will grow at 15% per year, not 75%. 'Dave' will find out eventually that the bulls are right. IMO, David Howe