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Technology Stocks : Novell (NOVL) dirt cheap, good buy?
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To: Spartex who wrote (23268)7/29/1998 11:26:00 PM
From: Procreant  Read Replies (3) of 42771
 
OTS: Lewinsky deal and the Market

Everyone from CNNfn to QuadK is mentioning the Lewinsky deal as a contributor to latest market decline. This would imply that Mr. Clinton is somehow directly responsible for our healthy economy. He is, after all, one politician among many who could be given credit. However, I would tend to look elsewhere first when passing out credit. Strong economic policy hasn't been one of Clinton's fortes, IMO. If there is actually a criminal running the country, wouldn't it be a good thing to remove him from office? Would it effect the productivity of corporate America if he was removed? stayed? I am young and must be naive about such things. Someone please help me understand why this should be so. That Asian problems, weak corporate earnings, and potentially higher interest rates would effect the Stock Market all make sense to me.

Thanks,
Procreant
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