For a company with great profitability and a near monopoly, it would certainly not be unheard of to pay two to three times the growth rate. So paying 25 times earnings for one of the strongest technology companies with an awesome franchise is fair.
More Quotes from David Hilal:
It's very much steady Eddie. Microsoft showed nice growth and better levels of profitability.David Hilal
Things continue to be difficult -- software management teams and salespeople are not seeing a pickup in software buying.
David Hilal
This is just part of the software world. And because there's a remedy for these problems, investors don't lose too much sleep over it.
David Hilal
There is a definite horse race between the two of them. But this is a massive market. It is not an eitheror situation. Both will be successful.
David Hilal
Siebel was in a world of hurt. For Tom Siebel to sell to Larry Ellison, this is his worst nightmare. That shows the dire straits Siebel was in.
David Hilal
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Based on Topics: Fairness QuotesThere is no winning or losing, but rather the value is in the experience of imagining yourself as a character in whatever genre you're involved in, whether it's a fantasy game, the Wild West, secret agenst or whatever else. You get to sort of vicariously experience those things.
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I have come to the conclusion that one useless man is called a disgrace, that two are called a law firm, and that three or more become a congress.
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Human language appears to be a unique phenomenon, without significant analogue in the animal world.
Noam Chomsky