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Technology Stocks : How high will Microsoft fly?
MSFT 480.82+0.6%3:59 PM EST

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To: Normandi who wrote (5648)3/31/1998 9:07:00 PM
From: D.J.Smyth  Read Replies (1) of 74651
 
Norm, how many companies since 1927 have traded at 20 times trailing revenue at msft's stage and continued in this valuation without a significant correction? Does anyone know? How many points do you expect the movie to give msft? Oddly enough, that techno guru Gildner wrote two months ago (very adamantly) that sunw would begin to eat into msft position beginning this year. But, two days ago a CNBC analyst quoting Gildner said sunw was "a good buy at this point" and it went down $2 and msft went up. We were advised that msft would move up in response to the 98 introduction but then would begin to erode. we'll see.
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