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


To: ed who wrote (8737)6/28/1998 12:07:00 PM
From: j g cordes  Read Replies (3) | Respond to of 74651
 
Ed, the willingness of investors to continue to support high PE's in any stock is not a function of market share. If that were true utility companies would be high flyers! High PE's indicate investor confidence that future growth should be consistent and sustainable. That's the key question with MSFT.. one which is complex and multi-faceted to say the least.