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Technology Stocks : How high will Microsoft fly?
MSFT 492.01+1.3%Nov 28 9:30 AM EST

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To: Konstantin GS who wrote (1619)6/17/1997 1:22:00 PM
From: johnd   of 74651
 
Konstantin:

You are not going to see a 10PE for MSFT in the forseeable future.
If Coca Cola is growing at 18% per year and demands 41 PE, don't
you think MSFT, growing at 30 - 50% a year deserves 60 PE?

More importantly, out there there is a huge revolution going on
in terms of information age. This is the new economy. MSFT is THE
core play in this field. You may see 10 PE (even that I doubt)
once MSFT reaches some size 10 years from now. All I can forsee is
the next 5 years and I see no walls and barriers to grwoth of this
company and its stock price.
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