How high will Microsoft fly? Message Board

STOCKTALK

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 500.25

-1.7%

12:03 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: johnd who wrote (54668)	12/21/2000 2:18:19 PM
From: David Howe	Read Replies (2) of 74651

John, I agree that the Great Plains acquisition was a good move. MSFT has the ability to do dozens of these acquisitions. Some of them will be big hits and some will be a waste of time. In any event, they should be able to enhance their internal growth in this manner. There are those that will say 'what growth', but they are short sighted. If we enter a slowing economy and stock prices stay depressed, MSFT will be able to round up a number of acquisitions that will most likely be very good investments in their future. When the economy turns around, MSFT should emerge stronger than ever. When the stock market turns around, the PE could expand back to 30 or 40. I look forward to 8 years from now when MSFT has doubled their revenue and EPS and they have a PE somewhat higher than today's. Maybe I'm looking forward foolishly, but somehow I doubt it. By the way, I think the Nasdaq has one more leg lower before it's bottomed. Hope I'm wrong. Dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next