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


To: HG who wrote (12347)11/19/1998 9:34:00 AM
From: Arik T.G.  Respond to of 74651
 
Sunday September 14 6:22 PM EDT
''We are very leery of the current valuation,'' Barron's quoted Microsoft CFO Gregory Maffei as saying in an article suggesting the computer giant's stock is overpriced.
''The stock is way overvalued anyway you look at it,'' Barron's quoted Furman Selz managing director Sanjiv Hingorani as saying.

Microsoft itself has stopped buying its own shares, Maffei told Barron's. ''The price was just too high,'' he said.

That was a year ago, with MSFT trading around 135. Pre split.