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To: Giordano Bruno who wrote (41091)6/21/2000 8:14:00 AM
From: Lucretius  Respond to of 42523
 
they better invest in tissue....



To: Giordano Bruno who wrote (41091)6/21/2000 8:58:00 AM
From: LLCF  Respond to of 42523
 
<Some signs are surfacing that the speculation rampant in the Nasdaq market earlier in the year hasn't died out. Margin debt held by
New York Stock Exchange member firms -- or debt taken on by investors to trade stocks -- in May fell only 4% from April's levels
though some analysts were predicting declines of as much as 20% as investors pulled in their horns during the market correction.
"We haven't had a massive deleveraging of the system," says Mr. Galbraith. From the peak in March, margin debt is down only a
total of 14%, including a roughly 10% decline in April.>

DAK