How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 483.03

+0.5%

Dec 5 9:30 AM EST

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To: Paul Shread who wrote (42697)	4/20/2000 6:17:00 PM
From: Hal Rubel	of 74651

Why Down? Re: "Why is MSFT selling off? I think revenues might have been a little light, but that's all I can see." Paul Shread Paul, the secular trend is toward a lower PE for Microsoft. It would have taken Absolutely Spectacular Earnings to reverse this trend. Things like bad publicity, pending litigation, legal uncertainty, loss of mystique, etc. naturally lead to a re-evaluation by institutions and the investing public. The World Turned Upside-Down. Hal PS: This is not to say that one couldn't make money on Microsoft in the long run. H.

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