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

To: ed who wrote (13944)	1/7/1999 3:36:00 PM
From: t2	Read Replies (1) \| Respond to of 74651

Ed, You made another good case for the big cap dominant techs (and even internet stocks)!!! I am starting to sense that we are in the "mother" of all rallys (at least in the last year or so)!!! Even the Senate can't slow down this market. I think the NAZ is going to fly!!!!!!!

To: ed who wrote (13944)	1/7/1999 3:48:00 PM
From: LindyBill	Read Replies (1) \| Respond to of 74651

Talking about judging the market, the PE really did not mean anything, but it is still Worth as a reference, but not a major one Boy, Ed, you typed up a storm on that post. A thought. The PE will affect volatility because the institutional buyers watch it like a hawk, and every time we hit a new high on PE, they will be inclined to sell. I think you can see a pattern of this, although I haven't done the math.