US economy turning?

[Jordan Hayes]

> I remember during the boom, the WSJ ran a couple
> of stories in which consulting firms had figured out that Microsoft would
> have to have x profit growth for basically ever to justify its price.

I'm not sure anyone agrees on such a formula; they must have just made
something up that sounded good and applied it to Microsoft in sort of
an arbitrary way.  It certainly caught your attention! :-)

I think the experience of Microsoft shows that even attempting to
compare profitability and price between different firms like this is
kind of crazy, or at least irrational.

/jordan