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Technology Stocks : Jimbo's Playhouse/CPQ

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To: Night Writer who wrote (2605)6/30/1999 2:37:00 PM
From: Night Writer  Read Replies (1) of 12662
 
US stocks gain after Fed ups rates

NEW YORK, June 30 (Reuters) - Following are U.S. equity
analysts' comments after the Federal Reserve raised short-term
interest rates by 25 basis points, in line with expectations.
The Fed also adopted a neutral bias in policy.
JAMES VOLK, CO-DIRECTOR OF INSTITUTIONAL TRADING, D.A. DAVIDSON
& CO:
"That's good, its what we expected. You will get a little
sigh of relief bounce and then you could get a normal pullback
over the next few days."
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