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


To: DavidD who wrote (12140)11/8/1998 11:02:00 PM
From: LLCoolG  Respond to of 74651
 
DavidD,

Odd points. Seems to me that companies like Gillette and Coca Cola kept P/E ratios well in excess of the growth rates for long periods of time. You need to understand that sustained momentum can keep premiums built into gorillas for a very long time. This stock is every bit the gorilla as GE and KO, and should sustain some premium, even if they stumble a little bit.

Momentum is your friend. Momentum + Quality = Rich Sharerholders, Momentum + Hype = Rich Hedge Fund Administrators

G