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Technology Stocks : How high will Microsoft fly?
MSFT 480.55-2.3%12:16 PM EST

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To: Hal Rubel who wrote (7887)5/23/1998 5:05:00 AM
From: Dwight E. Karlsen   of 74651
 
>Historians may well say that this is the very week that Microsoft reached its high water mark in terms of amazing growth, though it will continue to grow.

There seems to be handwriting on the wall. My guess guess is that 2 years from now a bigger & better Microsoft will be selling at a hefty 30 times earnings, and rewarding shareholders with a healthy steady return.

History was made this week, and you and I were there.

Good Night.

HR<


Ahhh..tell me another bed-time story, Hal, please? *giggle*

My guess is that next year at this time the good ship MSFT will be chugging along at a bluest of the blue PE of 50-55. That's what the Cokes of this world are fetching nowdays, because there are few Cokes and Microsofts.
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