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Strategies & Market Trends : Tech Stock Options
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To: Michael Rich who wrote (16949)7/25/1997 10:40:00 PM
From: Alan Smithee   of 58727
 
Michael, Judy and all:

One thing that should be considered in connection with MSFT is the company's own view that the stock is overpriced. Keep in mind the comments by incoming CFO Greg Maffei that the stock is overpriced and the company is not buying back any shares at this time (this despite the huge cash hoard the company sits on).

If the company itself thinks the stock is overvalued, when will the street take notice?

DSG
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