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


To: Ed Schultz who wrote (4766)1/23/1998 5:18:00 PM
From: Mike McFarland  Respond to of 74651
 
Thanks, a very reasonable sounding response. Over the
last couple weeks I have gradually convinced myself to
stop putting MSFT, I was lucky to have made a little doing
it back in December. While I have not changed my mind
on the insanity of buying paper which costs twelve times
sales and forty times earnings, I do conceed that MSFT
may indeed be able to grow at a clip that justifies a
multiple that is not too awfully far from where it is now--
there are better choices to go a putting.

By the way, I dumped Sybase at 16--after a small gain.
I may have the occasional bad idea, like being bearish
on MSFT, but I pull off a good call now and then.
Thanks again for the response.