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Non-Tech : Wal-Mart
WMT 101.80-0.8%1:47 PM EST
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To: wiz who wrote (263)8/24/1997 3:52:00 PM
From: Jack L. Dlugach   of 1166
 
WMT held up pretty well compared to the other Blue Chips so I guess that means the others are considered more "overvalued" and more likely to fall further when the market corrects--45 is probably a long way off, though, although I can see 40 again if the market resumes. Now the Fed has made noises signalling that Greenspan & his people think that stocks are 20% overvalued, the market's probably going to stay in this up/down range for awhile.
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