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

To: Gerald Walls who wrote (13662)12/31/1998 10:59:00 AM
From: Technologyguy  Read Replies (3) | Respond to of 74651
 
That neglects the point that the value of these companies, such as Yahoo, is largely in their brand and the eyeballs already attracted to the sites. Buying the computers is irrelevant and many of the people are interchangeable.



To: Gerald Walls who wrote (13662)12/31/1998 2:24:00 PM
From: DownSouth  Read Replies (1) | Respond to of 74651
 
> A company that wants a portal business can buy the equipment and steal the key people by paying outrageous signing bonuses and come out far ahead as compared to acquiring an existing company.

The barriers to entry are, indeed, very low, especially in comparison to market caps. Scary...


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