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


To: johnd who wrote (8654)6/25/1998 8:50:00 AM
From: Reginald Middleton  Respond to of 74651
 
I don't believe in price to slaes since it does not capture enough information to value a company to its peers, primarily it leaves out margins. Even if a company is compared with only itself, it could increase or decrease efficiencies an the P/S follower would be oblivious.