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Technology Stocks : How high will Microsoft fly?
MSFT 485.92+0.4%Dec 19 9:30 AM EST

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To: Sonki who wrote (1426)5/28/1997 10:22:00 AM
From: Kelly G. Splitt   of 74651
 
What do you think about the following estimates:

Fiscal 1998 - 3.20/share
Fiscal 1999 - 4.30/share
Fiscal 2000 - 5.80/share

Price in July of 1998 @ 172
Price in July of 1999 @ 232
Price in July of 2000 @ ?

This is based on eps growth of roughly 30% after fiscal 1998 and a p/e of value of 40. Price is based on the future 4 quarters of earnings, not trailing 4 quarters.

Fiscal 1998 earnings estimate may be way low based on what took place in Q3 of 1997.
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