Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Altaba Inc. (formerly Yahoo) -- Ignore unavailable to you. Want to Upgrade?

To: Stephen M. DeMoss who wrote (24310)	10/15/1999 5:18:00 AM
From: Ram Seetharaman	Respond to of 27307

Greenspeaks and markets spook! Wall St seen sharply lower on Greenspan comments LONDON, Oct 15 (Reuters) - U.S. stocks were expected to fall steeply on Friday after Federal Reserve Chairman Alan Greenspan heightened market nervousness by advising banks to set aside more money as insurance against a big stock market downturn. Greenspan's comments late Thursday depressed the closely-watched December S&P 500 index future which dropped 11.5 points to 1,278.5 by 0839 GMT. Dealers said with fair value for the contract estimated at 1,294.3, its drop was a signal the Dow would fall some 135 points at its open. (Note: this article is ''in progress''; there will likely be an update soon.)