Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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? -- Ignore unavailable to you. Want to Upgrade?

To: Bretsky who wrote (24226)	6/16/1999 5:14:00 PM
From: PMS Witch	Read Replies (1) \| Respond to of 74651

Off topic -- Why stock went up today. I took the afternoon off. It seems whenever I turn my back, stocks take off. Maybe I shouldn't work so hard. PW. P.S. I'm glad you found the PE stuff of some use. I've noticed MSFT's PE climbing for quite some time now. I thought that when the PE matched the growth rate, conventional investors would stop bidding the stock higher, but I was wrong. What the PE doesn't take into consideration is the deferred revenue which has been building over time. It's grown to quite a pot by now. Anyway, when this is added into the earnings using reasonable assumptions, the PE doesn't look so far out of line, though it's still not low.