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

To: ed who wrote (30005)	9/24/1999 5:50:00 AM
From: Frank Ellis Morris	Respond to of 74651

>> MICROSOFT CORP President Steve Ballmer said valuations on technology stocks have reached "absurd" levels, and even his own company's shares may be overvalued. "There is such an overvaluation of technology stocks, it is absurd," Ballmer said to a group of journalists here at a technology conference being given by the Society of American Business Editors and Writers. "I could put our own company and others in that category." Ballmer's comment came in response to a question about which stories are undercovered by the business media. Asked then what Microsoft's stock price should be, he said, "less."<< I wonder how many puts he bought on his own stock stock before stabbing all the shareholders in the back??? Frank