How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 485.49

+1.8%

Nov 26 3:59 PM EST

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To: Hal Rubel who wrote (8084)	5/27/1998 8:36:00 PM
From: Dwight E. Karlsen	Read Replies (1) of 74651

I consider Microsoft to be a flawed but exciting potential investment. Ah but you didn't specify long or short. What's your hope? I've heard you mention MSFT trading next year at a PE of 30. Considering earnings are not going to come crashing down, that would indicate that at this point you suspect the "p" portion of the equation would need to contract a bit from here. I'm not outright saying you are bearish on MSFT, but your comments would seem to support this view.

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