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Technology Stocks : How high will Microsoft fly?
MSFT 492.06+0.2%Dec 9 3:59 PM EST

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To: PMS Witch who wrote (30755)10/19/1999 12:08:00 PM
From: John F. Dowd  Read Replies (2) of 74651
 
PMSW: Great response. The difficulty is what do you do with the money that is on the sidelines to achieve the equivalent of long term rewards. That is the premium that has to be paid for performance and that is what AG doesn't get. It takes courage (ability to withstand volatility) and a strong premium to get us to put our money into high PE, high volatility growth stock situations. JFD
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