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Technology Stocks : How high will Microsoft fly?
MSFT 496.920.0%Nov 7 9:30 AM EST

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To: ed who wrote (9680)7/26/1998 9:15:00 PM
From: Mike Milde  Read Replies (2) of 74651
 
<< As the shippment of PCs worldwide will grow by 15% to 20%, will see the revenue of MSFT will grow in the range of 30% to 40%. And the more families have pcs the more revenues MSFT will grow from its E-Commerce business. >>

If you look at the current shipment of PC's and carry this idea forward you'll see that households will eventually have to buy new PC's every 6 months. And if you think *that* is too far in the future, then you are not properly accounting for Microsoft's high valuation.

Mike
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