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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: t2 who wrote (53319)4/18/2002 7:26:07 PM
From: 4rthofjuly007  Read Replies (1) of 99280
 
NV, I believe that the msft CFO said LOW single digit growth from 2002 to 2003 is possible. Yet the stock trades at a multiple of 30. Can you or anyone tell me why it is a buy?

I think that a bottom being put in is certainly a good thing. But now we have to look at earnings growth going forward, no? Sure, you can be assumptive that now that the bottom is supposedly in, after 2003 they COULD return to 20 and 30 or 40% growth rates but I think that I will waita little on that.
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