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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ilaine who wrote (108746)6/14/2001 11:12:43 AM
From: yard_man  Read Replies (2) of 436258
 
i think you have to look at where in the economic cycle the borrowing is taking place -- and for what purpose, CB.

There may be some industries doing exactly what you are talking about, but I don't think they are in the majority at this point. Many say that the dot-coms were an isolated situation-- where borrowing was actually used to "buy" new sales -- I think if you look closer, that this has really been occuring in the high tech sector on a more widespread basis ... especially in the telcom biz
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