How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 506.94

-1.5%

3:59 PM EST

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To: Jim Lamb who wrote (5143)	2/17/1998 7:40:00 AM
From: Liatris Spicata	Read Replies (1) of 74651

Jim- Think I agree with your point. Even great companies can become overvalued, however- and >50x this years earnings, >30x next year's expected earnings, and 18x BV strikes me as an expensive stock. Notice I didn't sell my shares- I just bought some puts in case this bubble bursts. Nothing goes up forever. Larry

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