How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.53

-1.0%

Dec 12 9:30 AM EST

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To: Bill Fischofer who wrote (60836)	8/26/2001 3:47:06 PM
From: Joseph Pareti	Read Replies (2) of 74651

>Greenspan made his famous "irrational exuberance" speech in December 1996, not 1989. At the time the S&P 500 was trading in the mid-700s, the Dow around 6500, and the Nasdaq around 1300 in other words the Amazon fair value is 5 bucks (which is what I said all the time, even when Merril flynch and Mary Meeker were flying high :-)

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