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

To: Joseph Pareti who wrote (60363)	8/4/2001 3:57:44 PM
From: Dave	Respond to of 74651

>. It's amazing to me that anybody listens to these stock cheerleaders at all at least on this one i agree with you. Don't forget these are the same folks who said 2 years ago that yhoo and amzn were a screaming buy at 200 bucks, and the same folks who said M$Ft was a screaming sell at $40 not so long ago. Ha ha, no that was me saying that $40 was a good price at which to sell MSFT. I still maintain that $40 would be overpriced for MSFT, considering what a high multiple of stagnant earnings that represents, MSFT's saturation of its monopoly markets, MSFT's consistent failure in markets outside its monopolies, and the magnitudes of the threats against MSFT's monopolies. I know, it looks silly to say that $40 is high for MSFT when its price is so high now, but I looked silly a couple of years ago too, when I said that $100 was high for YHOO and AMZN but they kept screaming skyward with every moronic toot of the analysts' Buy Horns. Dave