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Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%Dec 5 9:30 AM EST

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To: t2 who wrote (18276)3/19/1999 5:35:00 PM
From: blankmind  Read Replies (1) of 74651
 
- MSFT did really well today considering the rest of the market got clobbered & we only went down a litte.

- This is 2 weeks in a row where the gains were like 10 points or so for the week.

- Given the historic p/e for MSFT; and the avg. p/e for YHOO, CSCO, and others, I think we're safe until we get to the $250 range. Until then, I think MSFT can continue to match and/or meet the overall market.

- Likewise, MSFT will go down with the NASDAQ, but not by as much.
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