This is what we are talking about: crazy price from MSFT for YHOO is very important indicator that market is alive and people are ready to overpay for things they think they are need badly. Now have a look at CHINALCO paying for stake in RIO Tinto and Infrastructure Boom in Things that are Nessesary:
http://www.usfunds.com/docs/pdf/InfrastructureWebcast01222008.pdf
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