microsoft is paying over $30,000,000,000/year or billions in dividends for 'technology' company same with apple . it's just apple and microsoft and companies like facebook and google is generating billions in free cashflow. until that ends the fundamentals are pretty strong the price may be high and interest is too low. facebook ,amazon, netflix, google, don't really produce anything of value. parasites of the economy. or leeches or middleman. facebook sells users amazon just market place netflix. reselling videos google advertising. it doesn't producing anything. they have less money to invest in technology and consumer just paying the Microsoft tax. and business paying the google tax and facebook it's content or product is the users. it's ad company. without the product which is it's users it has no product to sell to advertisers. the business model of these tech company could change or new competitors. newer better technologies. that is the technology and which drives innovation. now there is actually less money invested in new technologies due to complacency in these businesses. like google,facebook ,microsoft,ebay , amazon, netflix. et or any entitity like gov't city and local gov't is in trouble as it's losing 50% in tax revenues. and has to borrow money in the market. who would lend money to bankrupt cities and bankrupt gov't owned entities. gov't cannot raise taxes, the taxpayeres will riot. everybody is think this corvid 19 thing would just go away. its almost 6 months. and the infection rate in the US is worse than a month ago. this could go for another year before air travel resumes.
it's mostly microsoft and apple. facebook and google. and amazon. all have positive net cashflow from the their business operations in the billions. they are very profitable companies. would I want to own them now,,no, why ? it's why would I want to own gold even if it is worth $1800 I have better use with my money than buying stock from a billionaire. owning stock making 1% dividend.
Do you use any of those products, sir? Be honest. If you use any of those products, then you are part of your own self-described leech issue. I bet you are a fake meat-eater also, that occasionally cheats and eats cow. Championing the rainforests and all that shit.
it cost Microsoft nothing to make a copy of microsoft office and it sells it for $160. there is no innovation or need to invest in a product that you have a monopoly on. a leech is someon who makes money of someone else work or content. retailers depend on the factory. retailers don't offer much 'value' other than distribution. they don't make anything. they are distributors. and bad ones too when they sell 'BAD' products to the consumers. Retailers used to offer value to the consumer not anymore with marketplaces like amazon. the only value is the reviews on amazon and some of the reviews are fake or paid reviews as for google, it's doesn't produce any content with the billions of profits it makes off other people content. that is leech.
We are traders, we don't produce anything and take money from others without contributing anything of value to society. At least MSFT produces window, words, excel... which we use. Some of us don't even trade the underlying, we place side bets with options. We are leeches?
Saying most net companies don't produce anything is like saying Doctors, Lawyers, Architects, Bus Drivers, Retail Clerks etc don't "produce" anything. Get rid of them. Duh!
DOJ will pursue anti-trust litigation against the top 3, google, facebook, and Apple, based on the economic leading indicator for monopolistic ,anti-competition practices, Herfendital 10k index...expect it to be good for the whole market, google needs to divest youtube, facbook divest instagram, Apple needs to be broken into software and hardware companies....