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Technology Stocks : Dell Technologies Inc.

DELL 126.42

+2.8%

Dec 19 9:30 AM EST

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To: TTOSBT who wrote (130979)	6/4/1999 10:48:00 AM
From: edamo	Read Replies (3) of 176387

ttosbt rivlin resigning... you know what i fail to understand....the "experts" claim any increase in interest rates will hurt the high pe tech sector....why? msft sits on $21b cash reserve..intc about $7b, dell $4b...doesn't impact the bottom line much as far as "borrowing costs"... reality is that as rates go up...the cyclicals ultimately get hit...less car sales, less home sales....and where does aa or dd or gp or ip sell to if the consumer base erodes.... fear of inflation is a union bargaining tool for wage increase..perhaps a self fulfulling prophesy...how many teamsters on msft payroll? leave the economy alone...greenspan and the fed assuming roles that they are not chartered for....think they are gods...rivlin, good riddance too much academia in monetary policies, not enuff common sense and business acumen!

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