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Politics : Ask Michael Burke

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To: Freedom Fighter who wrote (79268)	4/10/2000 4:30:00 PM
From: Tommaso	Read Replies (2) of 132070

And as other people keep saying (I wouldn't know), there must be thousands of people sitting on locked-up shares from IPOs who are watching helplessly as the prices slide, and who will dump at least some of their holdings as soon as they can. Must be hard on a person to be worth 10 million one day and 8 million the next, when their total salaries for the next ten years (pre-tax) would be a lot less than the one-day loss. Even if such holders try to get rid of only 10% of their shares, it could kill the market for those shares. It happened to some blue chips in the 1929 crash.

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