Quote:
Originally Posted by frahse
I had missed Krugman's remarks. Interesting that he would say that, or admit it.
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Indeed, considering how deep the mainstream media is inside the RDF.
I think his diagnosis if off--IT managers don't stay with Microsoft out of conservatism but out of necessity; competitors only offer bits and pieces, not the whole kit--but his prognosis is accurate. MS will be fine.
It might help to think of Microsoft as an IT services utility, investment-wise, instead of as a tech company. MS stock pays dividends, holds its value, and is generally a safe investment for pension funds and retirement accounts. Company growth is slow but steady and there isn't much chance of the market going irrationally exuberant and bidding the stock beyond reason only to crash once the hype cools. Probably better than munis, these days...
