SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (39208)4/20/2001 3:16:49 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
<Out of this market cap of 12.8trillion $ 4 trillion makes nothing but promises the other 8.8 trillion$ carries the entire weight of the market with its earnings. However, that sector sells at a huge discount and the one that
promises rose gardens to make money from the 'money making segment' of the market sells at premium of 200 times 2001 earnings.

Now that is rich asumption by any standards,firstly when AG rises rates it is the earning making sector that is hit the hardest but it is short-termism at its best the argument that new economy would not suffer as they don't have debt is nothing but non-sense, after all all these new economy companies future incomes stream are discounted to present, with interest rates rising that takes a huge tool on their vlauations, far bigger than interest rate hike cost on old economy debt. The second reason that new economy cannot survive without old economy is based on new economy cash flow so much dpenedent on the good health of old economy, >
Message #30947 from IQBAL LATIF at Mar 20, 2000 10:45 PM