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Pastimes : Alan Greenspan MUST GO:

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To: Scumbria who wrote (73)5/25/2000 3:17:00 PM
From: Charles R  Read Replies (2) of 494
 
Scumbria,

<The reason for this phenomenon is the huge enthusiasm and worldwide demand for high tech products. God forbid this should change!>

The reason for this is an entrepreneurial bubble which has completely isolated stock prices from fundamental realities. Most internet related still have valuations way beyond what is "sane". Make no mistake about that.

Chuck
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