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

To: werefrog who wrote (30124)	9/25/1999 9:26:00 PM
From: ed	Read Replies (3) \| Respond to of 74651

Well, do not get me wrong !!! Stock goes down and up, so does Microsoft. Besides , I know it will always recover after a big dip, it is just a matter of time , and I have plenty of time. What bug me is a paid CEO commented in public about the valuation of its company's stock , and the Hi Tech market in general, which included hundreds of stocks of Microsoft's competitors. I do not think Steve is in a position to put a comment on the valuation of IBM's stock ..etc. And it is not right either for him to talk the stock market in public. What is the right valuation of a stock ? I do not think anyone has a clue. So, the easiest way to define the valuation is the price people is willing to pay. If more people will pay $95 per share than people like to pay $90, then , the stock will go up , otherwise , it will go down. That is what I mean let the market force play !! If the CEO of every company comments his own company's stock valuation in public , as well as other company's , what do you think the market will be ? That is something worry me the most , those CEOs learned fast from AG !!!! And the investors will be held as hostages !!!