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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Gerald Walls who wrote (26759)	7/19/1999 6:50:00 PM
From: Dan Spillane	Read Replies (2) \| Respond to of 74651

No, it looks to me like this may be a new kind of warning. In the past, the P/E was never so high as compared to forward growth estimates. What if there IS NOW a growth spurt due to a pre-Y2K boost, and it is passing? I'm sure the guidance is TOO conservative. But now it looks WAY TOO conservative. Is this just my impression? I have followed the company for years. Nasdaq futures are down. (You posted) You mean, "the traditional, issued-every-quarter big growth slowdown warning."