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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Mike Buckley who wrote (27106)6/30/2000 9:11:26 AM
From: mauser96  Read Replies (1) of 54805
 
Good points. Most strong tech companies will do a lot better in their underlying business than non tech companies during recessions because the techs have little if any debt in their capital structure, and don't pay dividends. Thus when times get hard they have a lot more flexibility and can continue to think about the future. The urgent drives out the important for debt ridden dividend paying companies during recessions.
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