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Politics : Ask Michael Burke

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To: Earlie who wrote (30070)	7/21/1998 3:53:00 PM
From: Joan Osland Graffius	Read Replies (1) of 132070

Earlie, >>It is an amazing company that can obtain a growth PE with no growth. Easy, just borrow cheap money and spread earning across a fewer number of shares. Now, when will the cost to service the debt accumulation catch up with the game. This old mathematician says it will happen, she just does not know when.<ggg> In all respect for Louis, the board of directors at IBM gave him a charter and incentives when they hired him to raise the stock price of IBM, and he sure has been successful. Joan

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