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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?

To: Jimbo Cobb who wrote (4435)	9/30/1999 1:37:00 PM
From: Night Writer	Respond to of 12662

U.S. TRADING SUMMARY: Wall Street stocks were higher Thursday morning as new inflation data eased fears that the Federal Reserve might raise interest rates next week. ''It's the last day of the quarter. Need I say anything more? People are going to try to enhance their positions -- window-dressing,'' said Arnie Owen, managing director of capital markets at Cruttenden Roth in Newport Beach, Calif. An hour before the market opened, Commerce Department data showed real gross domestic product for the second quarter did not grow as much as expected. ''It kind of increases the feeling that the Fed's not going to raise interest rates,'' said James Volk, co-director of institutional trading at D.A. Davidson and Co. in Portland, Ore. ''A lot depends on the economic news today,'' said Peter Cardillo, director of research at Westfalia Investments.