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Technology Stocks : How high will Microsoft fly?
MSFT 493.80-2.7%3:59 PM EST

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To: Andy Yamaguchi who wrote (21040)4/20/1999 9:08:00 PM
From: Chee Keong Loh  Read Replies (1) of 74651
 
Upside probably blunted...

I wouldn't go so far as to say MSFT cooked the books, probably more along the lines of: Prudent investing/crystallizing profits. That said, growth of this collossus is evidently slowing....Earnings multiple doesn't deserve to expand on top of its already lofty level.
Last Q's numbers were wicked, (70% eps growth??) this time they're just ho-hum.

Disclaimer: Really only bearish cuz people are still too optimistic, especially when I see people on the thread saying MSFT is cheap by comparing it with the internuts....
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