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


To: Logos who wrote (8596)6/23/1998 6:36:00 PM
From: Ibexx  Read Replies (1) | Respond to of 74651
 
Logos,

Re. But at what advertized PE would you begin to worry, 65, 70?

The above depends upon several things; for example:

1) Your own temperament/risk aversion
2) Your investment strategy--whether you are strictly a value investor; a hybrid value/visionary investor; a largely visionary investor (in this issue). A visionary investor is one who (correctly) assessess the more abstrate strategic value in a stock long before the latter is reflected in terms of P/E.

Need I go on?--I know what I am, hence saying what I did. Value investors should stick to issues like Chrysler and General Foods.

Regards,
Ibexx