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Technology Stocks : Ascend Communications (ASND)
ASND 220.42+4.9%Dec 12 9:30 AM EST
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To: WBendus who wrote (7888)8/2/1997 4:23:00 PM
From: Chuzzlewit   of 61433
 
Wayde, if your argument were true, and I'm not suggesting it isn't, is there any historical data that you're aware of that speaks to this. Specifically, it would suggest that companies like HWP would be counter-cyclical. That is, is there data that show that as interest rates rise hi-tech companies increase their levels of sales at a faster pace than periods of declining rates? If that were the case I'd buy your argument.

Regards,

Paul
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