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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (45141)6/5/1998 10:37:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) of 58727
 
one of these days this will be for real

Friday June 5, 2:57 pm Eastern Time

Rumor of Greenspan illness not true, Fed says

WASHINGTON, June 5 (Reuters) - Rumors in U.S. financial markets on Friday afternoon that Federal Reserve Chairman
Alan Greenspan was in ill health are not true, a Fed spokeswoman told Reuters.

"The rumor is untrue," Lynn Fox said.

Talk about Greenspan's health first surfaced in the Chicago futures market, where Treasury bond futures prices lost 5/32 of
earlier gains on a rumor the U.S. central bank chief had collapsed. The bond was trading up 8/32 compared with 14/32 before
the rumor began.

The 72-year old Greenspan has been at the Fed's helm since 1987. He was last seen in public earlier this week during a
bankers' conference in Vienna, Austria.

Greenspan is scheduled to testify on the U.S. economy and the outlook for monetary policy before the Joint Economic
Committee of Congress on Wednesday.
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