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Politics : Ask Michael Burke
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To: Brian Moore who wrote (25840)2/9/1998 12:43:00 PM
From: yard_man  Read Replies (1) of 132070
 
Often-times the stock prices are completely disconnected not just from actual earnings but any reasonable expectation of earnings. There is the company and there is the stock price. Often two different things for a very large part of the time. Doesn't take a conspiracy for the stock price to not reflect a Company's real prospects, just mass psychology or "psychosis" if you prefer.
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