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: Angelo Ferraro who wrote (5112)	2/12/1998 10:20:00 AM
From: Sword	of 74651

The current P/E discounts the new multi-media deals that Gates is stringing together on his European tour. Unfortunately, any net profits from these deals are years down the road. The P/E is set to contract when the excitement wears off and I wouldn't be surprised to see the stock price fall to about $138. This will be helped by more downgrades based on the lofty P/E over the next couple of weeks. -Jerry

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