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Technology Stocks : MICROSOFT
MSFT 517.03-0.2%9:30 AM EST
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To: Gaston Teran who wrote (19)7/22/1997 4:20:00 AM
From: Dan Guinan   of 65
 
Gaston,

Perhaps you should re-read my message.

Wishful thinking and past history will not keep Microsoft's P/E above 50. With slowing growth comes fundamental normalization. Investors will take profits and move on to greener pastures. 72 may even be generous. This number is based on technical analysis, not "gut feeling". The party is over.

I'm sorry Gaston, but it's time to leave.

-Dan
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