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Strategies & Market Trends : The Millennium Crash

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To: Arik T.G. who wrote ()	3/24/2000 11:01:00 AM
From: John Lacelle	Read Replies (1) of 5676

Arik, The Los Angeles Times had a 2-page ad this morning from Paine Webber. Basically, they were trying to calm their investors down before shipping their 1st quarter reports because they (and many mutual fund companies) are going to report some pretty serious losses. Tulip bulb mania is about to blow off and they don't want a mass exodus for the exits. It could be pretty ugly this year for the ".com"s as well because many of them are starting to run out of IPO money. Its gonna be a feast for the Bears! -John

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