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Strategies & Market Trends : WR's Momentum Trades

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To: Wayne Rumball who wrote (9003)12/7/2000 8:37:27 PM
From: Wayne Rumball  Read Replies (1) of 11130
 
IASIA

Bought a bunch at the bid today (5/8).

Looks like they have still another 19 months to "burn" their cash according to the latest news.

Question Why do .com companies burn cash? Seems like an odd thing to do....
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