Nortel Networks (NT) Message Board

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Technology Stocks : Nortel Networks (NT)

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To: Bob Howarth who wrote (942)	9/29/1998 2:29:00 PM
From: Paul Fine	Read Replies (1) of 14638

The Fed just announced the rate cut of only 1/4 pt, with no cut in the discount rate. Market was looking for a 1/2 pt rate cut and some cut in the discount rate. The bond and stock markets are selling off right now. The end to a perfect day. Paul

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