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To: IceShark who wrote (17475)2/1/1999 9:23:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 86076
 
The lunacy isn't over until 50 internet-telecom-boxmaker companies with a market cap of 6 trillion dollars consolidate into 3 or 4 competitors, and the market suddenly figures out the whole global business is only worth maybe 50 B a year. Even the lunacy in the megadrugs is around a trillion for a bunch of drugs with expiring patents, and I see more value in that sector. IMHO merck is worth a great deal more than msft.