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


To: Jim Lamb who wrote (5143)2/17/1998 7:40:00 AM
From: Liatris Spicata  Read Replies (1) | Respond to of 74651
 
Jim-
Think I agree with your point. Even great companies can become overvalued, however- and >50x this years earnings, >30x next year's expected earnings, and 18x BV strikes me as an expensive stock. Notice I didn't sell my shares- I just bought some puts in case this bubble bursts. Nothing goes up forever.

Larry