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Technology Stocks : How high will Microsoft fly?
MSFT 483.69+1.1%Dec 11 3:59 PM EST

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To: PMS Witch who wrote (42183)4/15/2000 6:38:00 PM
From: Jacob Snyder  Read Replies (2) of 74651
 
re: historical % declines in MSFT:

could you repost those numbers, adding the PEs at each high and low? Maybe showing the % PE compression, instead of the % stock price decline? I think it would show that MSFT started from a much higher valuation this time, so it naturally has further to fall. I'm not saying we haven't hit a bottom, I really have no idea about that. I'm saying it's more useful to think in PEs, not stock prices.
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