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Politics : Ask Michael Burke

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To: valueminded who wrote (49354)	3/1/1999 12:31:00 PM
From: Knighty Tin	Read Replies (2) of 132070

Chris, You have described a manic bubble. The same thing happened to growth stocks in the 1960s. They were still growth stocks even after thay stopped being growth companies. Then they all went to Hell in a hurry. I think we are closer to that point. The debt level to support these prices is about as overextended as it can get. MB

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