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

To: Dan Spillane who wrote (26773)7/19/1999 8:09:00 PM
From: taxman  Respond to of 74651
 
"P/E of 50?"

why not? at 20% growth earnings will double in approximately every three years.

regards



To: Dan Spillane who wrote (26773)7/20/1999 2:02:00 AM
From: ed  Read Replies (1) | Respond to of 74651
 
Well, three four or five years ago, when win95, office ...etc is a major play, PE 50 probably is a reasonable number, but in the future, with Win2000 is coming, office 2k sells hot, e-commerce, CE, broadband play ...etc, well, PE of 50 is just too low, I would say PE of 90 is probably more close to the right number.


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