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Technology Stocks : How high will Microsoft fly?
MSFT 501.90-1.9%3:20 PM EST

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To: werefrog who wrote (30248)9/29/1999 12:55:00 AM
From: ed  Read Replies (1) of 74651
 
Well , rising interest not necessary means lower stock price. The rate had been raised twice in the past couple of months, and I did not see lower stock price. Did you ? two years ago when the rate is 0.25% higher than what is now, people did not think the rate is high , and the stock went up. If we have another hike of rate, well, the rate just go back to what it was two years ago and noone thought the rate is high at that time. Whether the rate is high or not depends on the srtrength of the economy !!!!
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