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Technology Stocks : How high will Microsoft fly?
MSFT 465.93+3.3%Jan 23 9:30 AM EST
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To: John F. Dowd who wrote (25815)7/10/1999 12:27:00 PM
From: Bernard Elbaum  Read Replies (1) of 74651
 
Another question: if the IBES estimates of Microsoft earnings growth are right--25% over the next 5 years--is that enough to justify the current stock price? Or to put it another way, if Microsoft EPS growth in 1999 exceeds 50%, and in 2000 exceeds 14%, can we expect stock price to rise?
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