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Technology Stocks : How high will Microsoft fly?
MSFT 485.49+1.8%Nov 26 3:59 PM EST

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To: johnd who wrote (42870)4/21/2000 5:14:00 PM
From: Sir Francis Drake  Read Replies (2) of 74651
 
Nice. Now put the shareprice and p/e next to each of those years, and see how you like it. Plus, consider the absolute size of MSFT too, and you run into interesting limitations. The market may also be slowly moving away from sky-high p/e's. And finally, MSFT may slowly be transitioning into a company that is simply no longer perceived as "hot" - that means lower p/e, never mind the eps. Just my opinion. Hey, as a long-time MSFT shareholder, nothing would make me happier than if I was proved wrong - but I must make my call in this market, and my call is: SELL. Again - this is not a recommendation to buy/sell this or any other stock - it is simply my opinion. Truly hope I'm wrong, but I'm playing it now as a good short.

Morgan
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