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Reply to "What going on with Salesforce? Stock cratering well before Twitter non-sense …"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So growth co's generally don't work well in a rising interest rate environment.. tech is mostly growth, they are quite active in M&A and investing in new technologies. The discount rate computation for future earnings is weaker in the current climate. Value plays will exceed growth plays near term[/quote] Are they still a growth company? Tech meant growth in the 90s when there really were not markets for these companies, but salesforce seems pretty mature to me at this point. [/quote] Good question.[/quote]
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