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To: t2 who wrote (24320)10/18/1999 10:25:00 PM
From: radames  Respond to of 27307
 
imo you are missing somthing
in last years global economic troubles ,,it forced the fed to cut intrest rates,,the point is with the global recovery an the weakining dollar,the fed has to act to raise rates,and when rates go up it make these high p/e companies harder to make money because it cost more to borrow,hence cutting into profits of yhoo and their advertisers causing a chain reaction,,


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