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To: Jan Ravi who wrote (9054)11/16/1998 7:57:00 PM
From: Herm  Read Replies (1) | Respond to of 14162
 
Volatility is dropping and MSFT is heading downward towards $102.
There is more downside than upside from what I see. MSFT has a growth
rate of 23.21% and a screaming 46.7 P/E. It's no bargain Jan.

askresearch.com

NASDAQ: (MSFT : $108 13/16) (MSFTP : $97 11/16) $295,644 million
Market Cap at November 16, 1998 Ranks 157th in the Fortune 500 on
Revenue & 33rd on Profit. Employs 20,560. Trades at a 23% Premium PE
Multiple of 46.7 X, vs. the 38.1 X average multiple at which the
Software & Services SubIndustry is priced