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

To: Exacctnt who wrote (43133)4/24/2000 10:53:00 AM
From: TTOSBT  Read Replies (1) | Respond to of 74651
 
The market has had enough. With interest rates and valuation talk of the recent past so negative MS is the catalyst that is crippling growth. All manipulated by the have's keeping the have not's at bay.

TTOSBT



To: Exacctnt who wrote (43133)4/24/2000 10:53:00 AM
From: sandeep  Read Replies (2) | Respond to of 74651
 
Exacctnt, today's loss is not DOJ related.

The company is guiding future growth rates down. That is serious and investors have greener pastures to graze on. It is that simple. That is why the DOW is not that much down at all. Merck is growing at roughly the same rate as MSFT and has a PE of 29. So, it is not impossible to imagine MSFT at ~ 1.65*30 = 50.


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