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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Brian Malloy who wrote (3963)	6/20/2000 1:57:00 PM
From: Raymond Duray	Read Replies (1) of 6531

Hi Brian, Thanks for the reply. I was noticing last evening on Bloomberg TV that the 30 year treasury future was trading down about 0.10% at 97-15. Currently, it is trading even at 97-16. Conclusion: Stable pricing and calmer expectations, as you suggested in your reply. The rally Monday was based on market internals, IMO, stock prices were brought down on Friday due to triple-witching and the bounce back on Monday harkened back to the patterns of the early '90's. BTW, I found a quick reference site on the futures pricing at Bloomberg.com: bloomberg.com Best, Ray

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