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Real Estate/Development

Jul. 16, 2002

Realty Stocks Sink on Business, Terrorism Concerns

BY L. RIED SCHOTT Illegal business practices continue to widen, from improper accounting practices and energy trading to illegal inside stock trading. In addition, threats of "dirty bombs" and biological terrorism have cooled consumer and investor enthusiasm. Together, these forces are driving investors out of non-yielding equities into securities with yields that offer more safety.

        BY L. RIED SCHOTT
        
        Illegal business practices continue to widen, from improper accounting practices and energy trading to illegal inside stock trading. In addition, threats of "dirty bombs" and biological terrorism have cooled consumer and investor enthusiasm. Together, these forces are driving investors out of non-yielding equ...

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