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Technology Stocks : Dell Technologies Inc.
DELL 122.55+4.4%Nov 21 9:30 AM EST

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To: JRI who wrote (68856)10/2/1998 2:54:00 PM
From: Mohan Marette  Read Replies (1) of 176387
 
This just in from the 'rumor mill'-Emergency meeting of the FED?

john:

A rumor but an interesting one nonetheless.
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Friday October 2, 2:29 pm Eastern Time

Fed declines comment on rumor of emergency meeting

WASHINGTON, Oct 2 (Reuters) - The Federal Reserve on Friday declined to comment on rumors that surfaced in financial markets of a possible emergency meeting of policymakers.

''As a matter of policy, we don't comment on these things,'' Fed spokeswoman Lynn Fox said.

The rumors hurt U.S. stock prices as talk circulated the Fed might be discussing potential liquidity problems related to hedge fund Long-Term Capital Management.
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