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Quotes of the Week

September 27, 1999

There's such an overvaluation of tech stocks it's absurd. And I'd put our company's stock in that category.
Steve Ballmer (Microsoft President - 9/23/99)

Microsoft is kind of like Greenspan. They like to talk down the market and the stock. They do it because they can. Microsoft continuously talks down the stock and earnings and then they always exceed their forecasts.
John Ballen (MFS Investments) in Absurdly Exaggerated? $$ from Barron's (9/27/99)

As I have often argued: Even the Almighty cannot determine a single correct value for the market as a whole.
Burton G. Malkiel in How Much Higher Can the Market Go $$ from The Wall Street Journal (9/22/99)

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