How high will Microsoft fly? Message Board

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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: johnd who wrote (41157)	4/4/2000 9:07:00 PM
From: Hal Rubel	of 74651

P/E RE:"It is 12 trading days to earnings release. I think people who buy here will be very happy when the stock trades at ~115 the day after earnings." John D John, it may take more earnings than before to support any given target price. Microsoft is no longer a Blue-Sky investment opportunity now that we can see a ceiling. Its prospects are no longer unlimited. This is a natural stage in the progression of maturity for all corporations. Microsoft is now middle aged but will continue to prosper. The P/E ratio will adjust along the way. Hal

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