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Technology Stocks : Kraft Foods

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To: Goodale who wrote (3)6/13/2001 6:01:41 AM
From: Wallace Rivers  Read Replies (1) of 7
 
I passed - didn't think that paying 30 times earnings for this company was worth it. I've heard it will open only about a buck higher, who knows where it will be 30 days hence, where I would be locked into holding it until, if I ever wanted to participate in another IPO again.
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