You can get a nice government insured 9 month varible rate cd paying around 6.7% interest rate adjusted monthly--not bad and pretty tempting!
Tom Lehman
Doug Henwood wrote:
> Rakesh Bhandari wrote:
>
> >Aren't
> >they the ones getting hit hard by Greenspan's rate hikes that hurt Old
> >Economy companies?
>
> I don't get this. Why should rate hikes hurt Procter & Gamble? The
> entities most vulnerable to rate hikes are preposterously valued
> stocks of profitless companies. And without the endless stream of IPO
> cash, where will most of these net firms be?
>
> Doug