How high will Microsoft fly? Message Board

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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: johnd who wrote (13903)	1/7/1999 2:13:00 AM
From: ed	Read Replies (3) of 74651

If these analysts are so accurate , they do not need the job of being an analyst. We are now in a new economy, if Yahoo's PE of 200 can be justified, then why not MSFT being 100 ? Couple years ago, PE of 25 was high , but from today's point view , a PE of 50 is pretty common for a high growth hi tech stock. The time is changing, the business environment is changing , and you can not sit in your own small ivory box to see the changing world with the old concept.

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