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Strategies & Market Trends : Buffettology -- Ignore unavailable to you. Want to Upgrade?

To: jhg_in_kc who wrote (2828)	5/23/2001 9:31:09 PM
From: jhg_in_kc	Respond to of 4691

IMO this is the key to MSFT's future: As for his own business, Gates said software was becoming a tough sell. ``Intellectual property has an interesting problem, which is that it lasts forever. Your own installed base is serious competition. You have to do better,'' Gates said. Microsoft has seen sales of its core products, the Windows operating system and the Office suite of software, slow down in recent years as sales of new PCs trail off and existing customers find little reason to upgrade. Microsoft is launching new versions of Windows and Office this year and plans to increasingly convert its products into fee-based Web services that provide a steady stream of subscription revenue.