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Technology Stocks : Dell Technologies Inc.

DELL 122.70

+0.2%

3:59 PM EST

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To: Lee who wrote (122697)	5/6/1999 11:24:00 AM
From: edamo	Read Replies (3) of 176387

lee...<ot>..fed tightening... my comment wasn't directed toward market indices, but toward real day to day business....higher cost of borrowing, either lowers profit or passes on to consumer...i have an utter disdain for any government policy which controls money availability and its associated cost to the private sector..... look at the tremendous post war growth we had with no "fed interference"....inflation was a result of vietnam conflict spending, and government attempts at everything from price controls and "whip inflation now" schemes...maybe i'm dense, but how does an added cost help a business grow????? cost of money direct impact in consideration of investing in plant and machinery...when money became a controlled commodity it eroded our manufacturing base for the "commodity" could give a better roi than the ability to expand production, and pushed us to a service type economy....

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