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

To: Charles Tutt who wrote (31326)	10/29/1999 10:40:00 AM
From: ed	Respond to of 74651

Ha! You are here again !!! How many shares or what the capitalization is of no matter at all. It all depends on the market and the growth of the company, and the sentiment of the investors. 10 years ago, Intc's PE is less than 10, Microsoft's PE is less than 20, and what is now ? Thinking about the software industry is everything which push the productivity and the Hi tech of the future. Well, five years down the road , a PE of 700 for Microsoft is of no surprise to me. Do you see the PE of those internet stock, there is a reason behind. The internet increase the productivity, change the way of distribution information / products, which means big savings on Marketing and sales activity, and travels, that is why we have a high productivity low inflation and high employment environment. So, you need a cool head and pls cool down.