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Technology Stocks : How high will Microsoft fly?
MSFT 473.99+0.4%3:59 PM EST

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To: Scott Overholser who wrote (23294)5/27/1999 1:54:00 AM
From: ed  Read Replies (1) of 74651
 
It is the big market which decides how high is high or how low is low about PE, If the big market is moving, Microsoft will not be excluded. Relative to similar companies in the market and its business model, MSFT's PE is low in this market . But in 1995 , even PE of 35 is too high in that market. In 1995, Microsoft just release win95, the big money printer, but in 1999, Microsoft will release Office 2k and Win2k + the e-commerce, so , PE in today's market is just too low for MSFT.
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