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Technology Stocks : Westell WSTL

WSTL 5.480

-2.0%

Nov 11 2:52 PM EST

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To: Rich Wolf who wrote (18297)	3/15/2000 5:54:00 PM
From: eli74	Read Replies (2) of 21342

At the risk of being accused of being a wet blanket, Rich, let's not forget that the FOMC meets next week (Tuesday to be precise). It is virtually a lead pipe cinch that we will see tightening in monetary policy of at least 25, and possibly 50BP. Furthermore, it wouldn't surprise me at all to see the Fed raise margin requirements. Greenspan has been reluctant to wield that particular sword, but he seems to be running out of patience at the strength of the economy. It wouldn't surprise me to see an increase in margin requirments, which could have a significant impact on tech issues. Just my opinion, of course. Eli74

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