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Technology Stocks : Microsoft Corp. - Moderated (MSFT)
MSFT 492.01+1.3%Nov 28 12:59 PM EST

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To: David Howe who wrote (716)10/25/2002 4:35:27 PM
From: Dave  Read Replies (1) of 19789
 
3% growth would easily support the current valuation.

Dave, you're just wrong here. 3% growth would not support a P/E of 30. That would be a P/E/G of 10x, which would be on the high side of bubble valuation.

Dave
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