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Technology Stocks : How high will Microsoft fly?
MSFT 478.53-1.0%Dec 12 9:30 AM EST

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To: johnd who wrote (4735)1/22/1998 10:27:00 AM
From: 16yearcycle  Read Replies (1) of 74651
 
By July, trailing e will be 3.40 and an additional 1.2 billion will have been earned but not shown in the previous 12 months. So e for year ending June 30 will have been 4.40, a pe of 30 on todays 136 price. The drop to 118, gave us a chance to buy the greatest business on earth for 26x earnings, the lowest price I have seen since a blip prior to the win 95 release.

Others hollar about OVERvaluations. My God!!

IMO, 180-220 is realistic for summer 1999.But I have consistently underestimated the price on projections since 1992.
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