Cyrix 1 Where anything goes Message Board

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Technology Stocks : Cyrix 1 Where anything goes

CYRX 8.690

-0.8%

Nov 14 9:30 AM EST

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To: Richard Wang who wrote (258)	2/28/1997 9:26:00 PM
From: j. w. kampfe	of 640

I heard on wall street week tonite that the last time they raised margin requirements was in 1974. In fact they have only raised margin requirements some 14 times since the FED was created. Frank Capellio, like Carl Rohman, felt this was a more possible action then raising interest rates. It was also stated that only about 5 % of the investing public uses margin. Additionally, 13 of the 14 times that the margin requirement was raised the market, I believe measured by the Dow, actually increased. As far as when the FOMC is to meet, by broker thought it was late march, like March 29th or so?

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