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September 01, 2000

Investment banker William Hambrecht, head of W.R. Hambrecht & Co., said he has a 6.2% stake in online news company Salon.com, a show of support for a beleaguered stock that his firm brought public in 1999. Salon's shares (ticker symbol: SALN) added 3.1 cents to $1.97 on Nasdaq.

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