How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 454.66

-1.1%

3:59 PM EST

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To: David Howe who wrote (62445)	11/1/2001 12:50:17 PM
From: Dave	Read Replies (2) of 74651

Dave, even if one assumes validity in your idea of subtracting MSFT's cash from its price, a P/E of 26 is NOT "cheap for a Dow stock." Where did you get that idea? The historical average P/E is closer to 15 than to 26. Dave

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