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Technology Stocks : America On-Line (AOL)
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To: Dr. David Gleitman who wrote (28609)8/5/1999 6:27:00 PM
From: Bridge Player  Read Replies (2) of 41369
 
Warren Buffett has often commented on that phenomenon, David. He is always mystified and amazed that unlike with other purchases they make, the mass of investors always want to buy merchandise only when it is high-priced, never when it is available at fire-sale prices.

BP
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