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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%Nov 21 9:30 AM EST

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To: Frank Ellis Morris who wrote (35261)12/9/1999 9:33:00 PM
From: John F. Dowd  Read Replies (3) of 74651
 
Frank: Go buy a Tulip. Tell me when RHAT gets the earnings to justify even a 100x PE. Where is the proprietary value? I will be probably dead by that time. Do some history and see when MSFT and INTC got away with the promise of earnings justifying the PE's these guys are sporting. Never! Go look at how MSFT ORCL and INTC started; it wasn't like this. If you think this Linux thing is real you still have to swallow a big pill in these PE's. If these guys can develop a kernel with hackers at the controls what could be said if MSFT,ORCL or PSFT decided to gin up a Lin dux. They could do it over night and have their applications to lay right over it. This is madness.This is what everyone thinks is going to be the next MSFT. Unfortunately the next MSFT is MSFT and those who missed out in the last 2 years can catch up in the next 2 mos. MSFT is going to 200 by next year! JFD
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