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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LLCF who wrote (90097)4/4/2001 5:10:37 PM
From: NOW  Read Replies (2) of 436258
 
Ritz properties in Honolulu have for sale signs sprouting like weeds: asking prices are absurdly high, but I expect that is just a matter of attitudinal readjustment...
However, I wonder if in a market like this, if enough insiders have not cashed in (out) to keep high end stuff up forever. Hawaii has a limited amount of real eastate, and CEO compensation has not exactly been falling like the underlying stock prices...
Thoughts?
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