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Technology Stocks : AUTOHOME, Inc
ATHM 21.63-1.9%3:59 PM EST

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To: ahhaha who wrote (14681)8/20/1999 10:35:00 AM
From: red_dog  Read Replies (1) of 29970
 
Stock Wealth Slipping Away?

More than $1.3 trillion in stock market wealth has
disappeared in less than four weeks since the
market peaked July 16. To put that in perspective,
that's nearly four times the $379 billion in stock
market wealth that has been created in the USA this
year as of Tuesday's close.

Some of the big losers:
AOL down 98 billion
MSFT down 91 billion
Coca Cola down 54 billion
Wal-Mart down 47 billion
(Source: USA Today)

So much for the "buy and hold" approach.

You and I both know people who have lost a lot of
money hanging on to stocks like these.

Rg
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