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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: Charles Tutt who wrote (13435)12/22/1998 11:22:00 PM
From: ed   of 74651
 
Nothing is reasonable or unreasonable.It all depends on what people think the fair
value of MSFT should be at that time. The PE can be 40 , it can also be 200, it all depends on the sentiment at that time. Do you think AMZN's price can be justified ?
Well, that is the price people think it should be Can you justify the price of CPQ with last quarter's earning of 2 cent ? It is all sentiment.
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