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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: bill meehan who wrote (84805)2/26/2000 1:23:00 PM
From: S. maltophilia  Read Replies (1) | Respond to of 86076
 
Hi Bill
Ever been quoted out of context?

But some Wall Street analysts
argue that many of the "New Economy" companies
of the Nasdaq don't have debt on their books, and
because of that they aren't affected by rising interest
rates.

"Why should they borrow money when they can tap
the equity markets [through an initial public offering]
for free," Mr. Meehan said. Secondly, some analysts
argue that the juiced-up earnings potential of
technology stocks relative to other stocks will
overcome higher rates.

Almost fell off the crapper when I saw this.<G>
dallasnews.com



To: bill meehan who wrote (84805)1/5/2001 7:10:16 AM
From: accountclosed  Read Replies (1) | Respond to of 86076
 
be sure to tell lou tonight that the myth thread is on the hotlist again, and that the market looks antsy and there are a lot of clowns and swine running around <ggg>

9pm folks on pbs tonight.


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