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Politics : Ask Michael Burke

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To: Paul Engel who wrote (76886)	3/2/2000 9:26:00 AM
From: Mike M2	Read Replies (1) of 132070

Paul, in 1995 the SOX peaked at 300 with global semiconductor sales at $150 billion . Today sales are back up to that level but the SOX is near 1200. How long can stock prices appreciate faster than every measure of economic activity ? longer than I thought but sooner or later this imbalance will be corrected by falling stock prices. mike

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