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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (29690)	7/11/1998 8:48:00 AM
From: yard_man	Read Replies (1) \| Respond to of 132070

I know that there is a lot or folks out there on margin who have not thought through what would happen if things really went south -- overall I think it is a small percentage of folks, but unlike this fellow some of them are margined on DELL, INTC, KO and MSFT -- even AOL or YHOO. Even a very small percentage of folks on margin at these lofty levels can cause a panic, I think. Put that together with the new crop of fund managers who have never seen a bear market or real precipitous drop for that matter.