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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%3:59 PM EST

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To: Andy Thomas who wrote (13423)12/21/1998 8:05:00 PM
From: LindyBill   of 74651
 
why is it going higher?... because there is such intrinsic value there, of course <guffaw>.
Andy, the only "intrinsic value" these companies have is as a production mechanism. Everything else is the law of "supply and demand" operating on their stock. We now have a bigger demand for these types of companies stocks than ever before. The question you gotta ask yourself is, is it real, or hype? Nobody knows! We are all guessing. Those of us that guess right, get rich. Those of that don't, don't. Good luck!
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