How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 481.49

-1.1%

12:07 PM EST

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To: ed who wrote (14427)	1/18/1999 11:19:00 AM
From: carl a. mehr	Read Replies (2) of 74651

ed, Re:-"If you are in your 50s or over, you are in another generation , and High Tech stocks are not for you, because you may not under stand the high tech industry, and the importance of High Tech industry to the US future. You may well make big mistake in judging the values of high tech stocks, and you may get heart attacks when you own the high tech stocks which had high PE , which you think so " A humbly must say that you are wrong (or should I have said 'full of sh*t'). Look at my portfolio listed in my profile. For the last 8 years I have made a portfolio gain of about 62% compounded yearly. If we have to include my first year of stock investments the figure for the 9 years is about 42% compounded yearly. I really look at the first year of losses (50%) as tuition paid of a "crash" course in money management, and as such should not be included.<vbg> humble carl

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