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


To: Valley Girl who wrote (39103)3/6/2000 9:50:00 PM
From: djia101362  Read Replies (3) | Respond to of 74651
 
Looks like the Redmond Express headed back to the station today to pick up a few more passengers that forget to get on last week.

Last call...all aboard. Sure hope this isn't a flat tire that is gonna take awhile to fix.

VG and CJ, I'm beginning to get a bit frustrated with MSFT like the both of you but I've been following MSFT too long to be left behind when it finally does take off.

It's frustrating watching other stocks go up 20-30 pts a day while Softee struggles to hold a 5 point gain. I can't imagine that 500 P/Es will be considered the norm and although these stocks that have become disconnected from their fundamentals could go higher, maybe even much higher, I have to believe that eventually fundamentals will have a direct relationship to stock price.

I still believe that MSFT will trade at a P/E of 100 at some point this year. It doesn't seem possible right now and perhaps I should just pray for a stock price of 100 rather than a P/E of 100.

Patience in this stock will be rewarded, I think.