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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%Nov 21 9:30 AM EST

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To: John F. Dowd who wrote (11325)10/16/1998 7:57:00 PM
From: Sonki  Read Replies (3) of 74651
 
john, thoughts on earning.

#1
MSFT usually sells off the after the erning but this time msft
is not near the top and may not sell off after the earning.
#2
Bill Gates usually down plays going forward numbers but I think
this time he may not play that game. accroding to some Lehman research.

#3
Only thing that is now bothering me that Msft has not had such high valuations before that it does now and this will continue since the
earning growth is slowing from 35 to 24? Usualy people just ignore
valuations but this time they may look at it more closely. e.g. KO, G.
In light of slower more mature kind of company growth.

what are your thoughts on #3? i know all the long term prospects but i m trying to decide weather i should make an earning related trade. thx.
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