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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic
INTC 36.20+0.1%Dec 26 9:30 AM EST

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To: Frank Ellis Morris who wrote (12087)10/23/1997 9:03:00 PM
From: Sonki  Read Replies (1) of 27012
 
f, i m horified by my loss in MSFT. Dropped .05% -1/16. what a terrible overvalued price stock right???? <G>

anyway, the small drop in msft should not surprise u.
if u look at march 97 drop, it only dropped 10% or less while intel dropped nearly 30%. this is the magic i think in msft and sometimes
difficult for some people to figure out why it trades at such high
PE.

Even w. Barron's article coming out couple of weeks ago, msft did not
get trashed. Heck, it does not even go down when their own cfo said
the stock was overvalued.

well, we just have great long term investors as our partners in this company. i very rarely think of msft just as a stock that i can trade .
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