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

To: TheStockFairy who wrote (54915)	4/6/1999 11:47:00 PM
From: J. P.	Read Replies (1) \| Respond to of 132070

Another historical analogy for the net stocks: <<The euphoric mood of the mid 1920s was present in the great Florida real estate boom, where increasingly obscure properties were selling to a seemingly endless supply of enthusiastic and heavily leveraged buyers. Cash payments of 10% secured questionably located properties that were nevertheless doubling in value as more buyers flooded the market. The music ended in 1926 as the supply of buyers needed to support the land rush dried up - a mad rush to get out spelled financial ruin for those left holding worthless property. >> taguru.com