How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 477.74

-2.5%

Dec 3 3:59 PM EST

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To: johnd who wrote (8896)	7/3/1998 10:36:00 AM
From: Reginald Middleton	of 74651

<Some people argue not to use PEs but no one on this thread has justified why MSFT will continue to trade at 65 PE for the next 5 yrs.> Actually I think I presented a very plausible argumetn against the use of PE's and their inaccuracy. Consequently, if PE's are inaccurate measures, why should one attempt to justify market valuations based on PE's.

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