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


To: ed who wrote (28867)8/30/1999 2:23:00 AM
From: John Chen  Respond to of 74651
 
Ed,re:"KNOW HOW". You got me there. I agree with you on
we have the 'LEAD'. But 'KNOW HOW' is shifting to oversea
because of cheap Engineers. I guess in your book, the
'KNOW HOW' will be changed to 'know how to use cheap
engineers'. They only know 'assembly' and we will soon
only know how to sell (we don't have to manufacture and
design anymore).

You know the Asian countries are blaming the 'US/financial
power houses' using the 'KNOW HOW' to screw them up.

So in your books, there is NO LIMIT on PE/stock price/
asset prices. OK, you win. We have an economy of NO
INFLATION on one hand (the no KNOW HOW class) and high
assest prices on the other.

This sounds trouble to me. Mr KNOW HOW.