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Technology Stocks : How high will Microsoft fly?
MSFT 472.94-2.2%Jan 2 9:30 AM EST

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To: David Howe who wrote (62027)10/23/2001 2:45:29 PM
From: Timetobuy   of 74651
 
But you can compare P/S of msft to what it's had in the past and it's still high. TWICE what it has had in the past.

I also feel it's fairly valued here. That's why I'm not really all that concerned with my call that it's not going to new highs.

As an aside, I feel that there are plenty of other techs that are way overpriced.

So, when I hear the bulls say that we're going up a lot more, I wonder why no one learned to look at valuations in the last two years. I think we trade in a range while valuations catch up and earnings increase again. I can live with that just fine.
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