Doug Henwood wrote:
> Michael Perelman wrote:
>
> >How much difference would a percent or two mean in an environment in
> >which growth
> >is projected to being 20, 40, 100 percent per year? Especially when every
> >technology company is the next Microsoft?
>
> If the people buying those stocks are heavily leveraged, then their
> expectations may count less than the requests of margin clerks.
>
> Doug
-- Michael Perelman Economics Department California State University Chico, CA 95929
Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu