How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 496.92

0.0%

Nov 7 9:30 AM EST

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To: ed who wrote (9638)	7/25/1998 12:59:00 PM
From: DownSouth	Read Replies (1) of 74651

>"It is not right for the government officials to talk the following in public: 1) "The stock is due for a drop, no stock will grow forever, the stock market will have a correction pretty soon, the stock market will climb pretty soon, ....etc. Those should be up to the investors to make their own decisions." With due respect, you are putting words in Greenspan's mouth. He said that history teaches us that there will eventually be a market correction. He didn't say or imply that it would be "pretty soon". Would he have been prudent or more correct to ignore historical facts? Facts that are common wisdom. Facts that should be repeated by almost anyone in authority who is asked in an official forum if he thinks the market is overvalued. Should he be forced to answer with a simple "yes" or "no"?

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