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Technology Stocks : How high will Microsoft fly?
MSFT 489.46+0.5%2:22 PM EST
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To: Sir Francis Drake who wrote (19332)3/30/1999 6:32:00 PM
From: Srini  Read Replies (1) of 74651
 
Sir Drake:
<<Point is, you cannot just look at the p/e. You cannot analyze a company on fundamentals alone - you MUST take into account market dynamics which ultimately determine the price of the stock. After all - you are not buying a business (CONTRATRY to widespread belief), but a stock - which has it's own dynamics, and deservers it's own analysis.>>

Thanks for the pep talk. It helps me understand why I own AOL.
Srini.
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