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Technology Stocks : Softkey (SKEY)?

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To: hoodie who wrote (193)4/2/1996 7:44:00 PM
From: Raymond J. Steck   of 247
 
I'm a bit concerned about the market in general. A couple of days ago,
I read that margin borrowing was at a record high. This usually results in a sharp drop or correction in the market. Most corporate
earnings should come in good this month (a reason to keep the market
up). I would start to worry in May, especially if the FED decides not to lower interest rates. This gives the institutions a perfect excuse
to start a correction.
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