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Technology Stocks : USRX

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To: Janice Shell who wrote (6753)12/16/1996 3:22:00 PM
From: Dwight E. Karlsen   of 18024
 
Janice, thanks for the tip you passed on from your broker. For some more consolation, ASND and CSCC, INTC & MSFT are also suffering today. Do you think it's related to the rumor that the Fed will raise margin trading requirements up from the current 50%? BTW, IBD has a story today which does not give that rumor any support. Also possibly normal fears of the Fed open market meeting tomorrow? The day before an open market meeting by the Fed always seems to intimidate people, even if the consensus is that interest rates will be left unchanged.

Thoughts?

Dwight
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