>
> As you know there is no link between the valuation on the gambling
> market that is the stock market, and the actual results of a company.
> Microsoft has sold more than 650 million licenses of Windows 7 in
> three years, but the stock is cheap because it doesn't attract
> gamblers.


Actually Apple and Microsoft have almost identical PE ratios so their stock
price vs. actual company performance (earnings) is almost identical.



On Tue, Aug 21, 2012 at 10:18 AM, Luc-Eric Rousseau <[email protected]>wrote:

> On Tue, Aug 21, 2012 at 12:56 PM, Gene Crucean
> <[email protected]> wrote:
> >> "They're mac users after all."
> >
> >
> > You know you are talking down to just about everybody these days right?
> > Apple was just reported as the worlds most valuable company.
> >
> http://www.usatoday.com/money/industries/technology/story/2012-08-20/apple-most-valuable-company/57161260/1
> > (check the dates on that too. MS hasn't been at that valuation since
> > 1999!!!)
>
> As you know there is no link between the valuation on the gambling
> market that is the stock market, and the actual results of a company.
> Microsoft has sold more than 650 million licenses of Windows 7 in
> three years, but the stock is cheap because it doesn't attract
> gamblers.
>
> But if we want to play that game, adjusted for inflation MS was at
> $853.7 billion in 1999.  that number doesn't compare to apple's
> $623.5 billion valuation today,  it went much higher. And
> meaninglessly so, because that's just a measure how much traders think
> other traders will buy the stock for.
>
>
> http://www.forbes.com/sites/stevedenning/2011/11/28/maximizing-shareholder-value-the-dumbest-idea-in-the-world/
>

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