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Technology Stocks : Compaq
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To: Loki who wrote (78785)2/28/2000 5:05:00 AM
From: JDN  Read Replies (4) of 97611
 
Dear Loki: However, what do interest
rates do for these companies to raise capital

Well, IMHO, AG has NOT raised interest rates which effect these people. He has merely FOLLOWED the market which has already raised those rates. Incidentally, I am not trying to support AG's moves only explain them. Were it up to me, I honestly think that rates should be DROPPED not raised. Why?, because 1. dollar too strong 2. rates historically much higher vs a vs inflation than normal 3. I maintain we are actually in a bear market which is being "hidden" by a relatively few well capitalized high tech firms. JDN
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