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To: Sandy who wrote (766)10/31/1997 9:07:00 AM
From: Thomas M.  Respond to of 17683
 
There are a few. Late Tuesday morning, there was a soft-spoken money manager (whom I have never seen before) who felt that the tech cycle is very long in the tooth. He said biotech was in a much earlier phase of its upswing. This perspective is one I share. Bill Fleckenstein (the bear with hair) was on Squawk Box last week.

Tom