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: Dennis Doubleday who wrote (45698)5/31/2000 11:32:00 AM
From: Richard Nehrboss  Respond to of 74651
 
>>The Fools did their math wrong

Maybe, but the bigger issue is their assumptions are way off base. A 25% discount rate is ridiculous. Even fly by night small caps warrant a much smaller discount on the order of 15-18%.

Secondly, 15% growth for the next 10 years seems tame given that analyst expectations for the next 5 are 23%.

Redo the math and then look at a built in double, plus 20 percent or so appreciation in the next few years from there.

Richard