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To: Sb2k who wrote (4322)2/3/1999 6:22:00 PM
From: Venditâ„¢  Respond to of 41369
 
After starting the day as nervous as teenagers at their first sock hop, investors got into the swing of things late Wednesday once the Federal Reserve Board decided to leave interest rates unchanged. The Dow picked up 93 points to close at 9,366.81.

Technology stocks ended higher as well as the Nasdaq shot up 30 points to end at 2,493.58.

After some indecisive early trading, the market responded to what was essentially a slam-dunk when the Fed ended its policy meeting with no statement regarding interest rates.

"Although everyone expected this, there was a little speculation and a little doubt," said Ken Ducey, head of trading at BT Brokerage. "Now that the meeting is over, things can go back to normal."

Leading Internet stocks certainly returned to normal Wednesday as Yahoo! Inc. (YHOO) rocketed up 35 1/8 to 358 1/16 while Amazon.com Inc. (AMZN) and America Online Inc. (AOL) gained 15 1/2 and 5 3/8 a share, respectively.


zdii.com




To: Sb2k who wrote (4322)2/3/1999 10:33:00 PM
From: robert duke  Respond to of 41369
 
No that wasn't my guess, it was someone elses. I was shocked to. 210 by next week I think not.