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

To: Mike M2 who wrote (44858)	1/28/1999 5:28:00 PM
From: RealMuLan	Read Replies (2) \| Respond to of 132070

These Internut stocks seems valued by how much money they can lost. Here is about Seek: Infoseek Sees Q2 Oper Loss To Grow At Least $10 Million From Q1 Thursday January 28, 5:09 pm Eastern Time biz.yahoo.com Note: it's already lost $104 million in Q1.

To: Mike M2 who wrote (44858)	1/28/1999 6:26:00 PM
From: Bonnie Bear	Read Replies (2) \| Respond to of 132070

Mike..the real estate is the killer here...houses here in silly valley have been going up with the stock market, 20% a year...$2000 a month rent for a two-bedroom apartment or small house is common..after taxes that's $4000 a month mortgage and it makes buying that $600,000 rancho cheaper than renting for the techies who live here.... as the rents go up the house prices go up. As far as I'm concerned, real estate inflation IS inflation. Period. Greenspan has wiped housing out of the inflation figures by saying that urban housing is in a bubble. Perhaps he's assuming that the internet will allow people to telecommute from rural areas, and urban housing will go down. I just don't see it happening. The worst problems are in SF bay area and NY/NJ....nothing new...