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Technology Stocks : How high will Microsoft fly?
MSFT 505.81+1.8%1:44 PM EST

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To: Joe Sabatini who wrote (5232)2/24/1998 6:48:00 PM
From: Ed Schultz  Read Replies (1) of 74651
 
>>Are value investors 'poor investors'?

Once again I think you are confused. Comparing the value of a company versus the valuation of a company are like comparing apples and oranges. Microsoft is a great value. Show me ANY other company with the tremendous and consistent growth that Microsoft has had in the past 10 years? Simply put, there are none! In my book, that makes Microsoft a very valuable company.

And the reason the "herd" invests in this stock is because, unlike some people, they too see the value of this company. They also realize that for the foreseeable future (3-5 years) no other company in existence has as rosy and predictable (ie stable) future as Microsoft.
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