SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly?
MSFT 483.03+0.5%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: t2 who wrote (23470)6/1/1999 11:37:00 AM
From: mauser96  Read Replies (2) of 74651
 
I just ran across some interesting statistics about MSFT in a Credit Suiss First Boston report. The P/E of MSFT has shown considerable shrinkage over the last 3 years. Relative P/E .....
6/97 +437% ***** 6/98 + 321% ***** 6/99 + 214%
The institutional ownership of MSFT is relatively low ( around 35%)
Since the price has gone up, and the P/E has gone down, I guess this means that institutional expectations for Microsoft's future are declining.This leaves a lot of room on the upside if expectations rise to match actual company performance. Even though I suspect that customers will move away from the standard PC that has been the MSFT gold mine,MSFT has an amazing ability to reinvent itself. As the Internet Explorer shows, MSFT can enter a market and keep improving an initially poor product until they have a window. Persistence and deep pockets usually win in the long run.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext