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To: Jack of All Trades who wrote (25355)4/12/2000 8:24:00 PM
From: pater tenebrarum  Respond to of 42523
 
oh, i don't doubt the tech story per se...that is where both growth and good margins can be found. as you say the sector is usually sensitive to the pace of economic growth. the consumer is highly leveraged...at some point a limit is reached. same goes for the valuation of stocks....