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


To: Brian Malloy who wrote (33443)11/9/1999 2:09:00 PM
From: johnd  Read Replies (2) | Respond to of 74651
 
I will continue to be a contrarian and show to the thread
that this is the best time to BUY MSFT. MSFT is now trading
at 200d moving average, which has been the best time to
gobble up as much as you can. Also it is at 59 PE, another
great valuation point. Besides, if you stick with me on
my projection that the company will earn 2.00 in FY00 and
3.30 in Fy01, the stock is at 44 PE and 26 PE on FY00 and
FY01 earnings.