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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (89762)	2/20/2001 3:17:35 PM
From: MeDroogies	Respond to of 97611

Well, there are alot of ways you can approach it, but I think that one thing is pretty clear, if you can refinance your debt to a lower rate (say 10-20% lower), you generate significant savings. What really matters is whether or not companies (and individuals) choose to pay down debt a little more quickly after they have done something along these lines...or whether they spend the money...or some combination of the two. My guess is alot of people(and companies) will start out paying down debt fast. That will tail off, and as debt diminishes, we'll see purchasing take an uptick... There's lots of ways to model this. We'll see..........