Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: DownSouth who wrote (14612)	1/19/1999 3:45:00 PM
From: 16yearcycle	Read Replies (2) \| Respond to of 74651

Fair enough, you are right about the nets. I would not feel that it was manic, simply too speculative and too richly valued. I originally invested in msft when it's pe was 20, and I caught csco in the low 20's, and avoided INTC years ago with a pe of 18, when it's average had been 12-15 before, therefore I am uncomfortable. I believe we are setting up for a good sized correction in the nas, and it is needed. These corrections don't have to be brutal. If msft pulled back 15% over 6 months while it's growth is 20% in that time, that is quite a good sized correction. I like yahoo as a positive internet model and we can probably agree that it is a media company, and not a technology company. A great company, but very expensive, even at 250. best wishes, gene