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


To: Frank Ellis Morris who wrote (44321)5/5/2000 2:55:00 AM
From: RJL  Read Replies (2) | Respond to of 74651
 
No Frank, I'm not kidding.

Instead of consistently trashing the current administration and the Federal Reserve, do a little research. It might not make you look like an idiot next time. The man's name is Alan, not Allen.

Next, take a look at the Fed's, S&P's, or Yardeni's model if you want to see where we are fair-value wise in comparison to other periods. You might be surprised.

You've seen a near parabolic rise in the Nasdaq composite over the past year and a half, and a 30% decline off the top means nothing. Don't be so naive into thinking many of these high-flying stocks are now 'undervalued'.

Have a good night Frank.

...my apologies to the thread for the off-topic post. It'll be my last on the matter...