Ask Michael Burke Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Muthusamy SELVARAJU who wrote (30812)	8/9/1998 12:50:00 PM
From: Knighty Tin	Read Replies (1) of 132070

MS, I've only owned one of them, Citrix, but I know Great Plains fairly well. Edwards I only know tangentially. Basically, my thought on all three of these fast growing software companies is that they are fine little firms with grotesquely overpriced stock at the top of the tech stock cycle. The earnings, as they are with many software companies that are not Microsoft, are distorted by one-time charges for R&D and software acquisitions. Great Plains I worry about more than the others because of its NT orientation and the fact that NT 5.0 looks like a long delay. I think that 50-100 times eps (of so-so quality) is too much to pay for these unseasoned companies, despite their nominal growth rates. Y2K could eat the lunch of each and every one of those growth rates, and the slowdown in pc sales cannot be helping. All 3 would be interesting 30-50% lower in price and I think there is a good chance we will see them there. MB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next