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Technology Stocks : DoubleClick Inc (DCLK)
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To: DD™ who wrote ()9/2/1999 10:26:00 PM
From: Sanjay Varma  Read Replies (1) of 2902
 
I have decided to unilaterally discount any further interest rate hikes by the Fed. They no longer will affect net stocks. The oft repeated statement that net companies, since they lose money, are more sensitive to interest rate hikes is no longer true. The Fed can raise rates once or twice more this year and it still won't affect net stocks anymore.

Come monday we will see the start of a slow building, beautiful escalation in net stock prices.

-Sanjay
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