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

To: ed who wrote (9680)	7/26/1998 2:09:00 PM
From: jz	Respond to of 74651

FYI, Microsoft Upbeat Despite Slower Growth <<But despite the somewhat perfunctory warnings, Gates said the Redmond, Wash., software giant was "in the best position of any technology company." Other top executives were equally upbeat about prospects for the coming year with revenue driven by its core business of Windows computer operating systems and Office applications. >> techweb.com John

To: ed who wrote (9680)	7/26/1998 9:15:00 PM
From: Mike Milde	Read Replies (2) \| Respond to of 74651

<< As the shippment of PCs worldwide will grow by 15% to 20%, will see the revenue of MSFT will grow in the range of 30% to 40%. And the more families have pcs the more revenues MSFT will grow from its E-Commerce business. >> If you look at the current shipment of PC's and carry this idea forward you'll see that households will eventually have to buy new PC's every 6 months. And if you think that is too far in the future, then you are not properly accounting for Microsoft's high valuation. Mike