SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly?
MSFT 508.81+1.1%11:37 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: tbigb who wrote (54568)12/20/2000 11:33:52 AM
From: johnd  Read Replies (3) of 74651
 
Investors who bought MSFT in 1989 (slight earnings warning then) bought it at 1.75 or so, or during the 95-96 MSFT correction bought it at 7-8. Show me which fundamentals of MSFT have decreased during the last year? Revenues, earnings, book value, cash, deferred revenue, pick anything you want, fundamentals are solidly up. Still stock has steadily fallen from 120 to 43 in one year - reasons are fear of IT spending freeze and the US consumer chill, may be the DOJ case, and the short term issue of slower growth. Market has its way of mood swings. One year from now, the mood can be exactly the opposite, just the way the PE came from 83 to 25 it can go back up to 83 in a year as well.

After all, technology is still the #1 thing that will drive US economy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext