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Pastimes : ASK Vendit Off Topic Questions
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To: Vendit™ who wrote (11765)4/25/2000 1:15:00 AM
From: DOUG H  Read Replies (1) of 19374
 
Speculative valuations have in many cases out paced the ability for many of these companies to achieve these valuations as we look ahead.

Bid to extreme levels via leverage. 2nd mortgages, CC, margin. All goes well till the music stops.
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