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.
Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?


To: Mang Cheng who wrote (28090)2/14/1999 5:15:00 PM
From: blake_paterson  Respond to of 45548
 
Mang:

If our ^%$@#*&@# politicians actually used the money to pay down the national debt, you would see a substantial drop in interest rates and the PE's would soar to a multiple of today's numbers. Unfortunately, the surplus is already being pis**d away w/ pork / handouts, and this is expected to continue. There is no news at this point which suggests that debt reduction will occur, so I doubt that your question can be answered in the affirmative. Also, forget about "saving social security" helping the market either.

Sorry about my negative outlook, but I'm in the middle of doing my taxes.

BP