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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: J. P. who wrote (34020)	11/15/1999 6:52:00 PM
From: John F. Dowd	Respond to of 74651

JP: Sooner or later WS will wake up to the fact that tech stocks are not sensitive to interest rates and in fact are the best stocks to be in whether it be deflation or inflation. The good ones are going to grow like mad - this is the beginning of the new industrial revolution and as long as earnings are catapulting upwards at 25% per year there is no end to how high these things can go. I can still remember the mantra of 7 yrs ago wherein the talking heads began to chant that the ers of double digit PC growth was dead. The same fools are spouting an equally erroneous doctrine with respect to interest rate hikes of less than 200 basis points at a crack. JFD