SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: taxman who wrote (35231)12/9/1999 2:44:00 PM
From: John Malloy  Respond to of 74651
 
<you can't even tell me for sure what microsoft will earn this quarter--let alone what the growth rate will be in fiscal year 2005>

Taxman:
You cannot escape forecasting. It is an essential step in estimating what any stock is worth. Even investors who invest on rumor and hype are making implicit forecasts that the firm will grow faster than the growth built into the current price.

John Malloy