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To: LLCF who wrote (47689)12/14/2000 2:35:08 PM
From: pater tenebrarum  Respond to of 436258
 
exactly...we have the SAME situation now, with the faltering of the telecom, PC, internet, semiconductor industries. with the added twist that the telecom sector is where most of the debt that has been issued over recent years is concentrated. this debt is huge, and it will imo bury many a hedge fund and bank....