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Strategies & Market Trends : The Amateur Traders Corner
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To: steve susko who wrote (4964)1/5/2001 2:12:23 PM
From: Dale Baker  Read Replies (1) of 19633
 
The dot.coms were funded by VC money and IPO's - so the stockholders have already lost, and the VC's will be writing off a bunch of losses in their 2000 taxes.

Shouldn't affect the conventional credit world much at all - regular banks would not have loaned much if anything to risky startups like that.
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