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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: gambler2 who wrote (15841)	5/19/1998 1:03:00 PM
From: joe	Read Replies (2) \| Respond to of 45548

From Briefing.Com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 12:30 ET DJIA +53, Nasdaq +14, S&P +6.60: Stable is the best word to describe today's action... Since 9:45ET, the Dow has been confined roughly to a 20-point trading range... Now on Fed watch, market isn't likely to make any decisive moves prior to the policy announcement, yet look for renewed buying interest once it is determined the Fed is going to leave rates unchanged... Bond market also in a tight trading range... 30-yr bond +1/32 at 5.92%. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Seems like the last hour has been profit taking, getting ready for the FED. Hopefully, there will be a positive reaction. If the Fed lowers rates, whew! Maybe somebody will burn down the Fed building - ala Indonesia...:~) joe