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


To: Reginald Middleton who wrote (12605)11/25/1998 3:31:00 PM
From: DavidD  Read Replies (2) | Respond to of 74651
 
Ever heard the term "risk adjusted return?" No?

Well adjusting for the risk that MSFT could have it's 1/3 it equity wiped out, no matter how much cash or shares they have on hand, it would seem the current p/e is very high.

That is a valuation issue. No what you are buying!