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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: edamo who wrote (130988)6/4/1999 12:08:00 PM
From: Rich Young  Read Replies (1) of 176387
 
Isn't the argument that higher interest rates would lead to reduced capital spending (i.e. technology equipment) and the discount rate at which future earnings are valued reducing PE's? I thought it was more along these lines than the cost of borrowing for high-tech/high-PE companies.

Rich
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