By noon yesterday, shares on Wall Street seemed to have stabilised at around 67 points down as the market took fright at President Clinton’s plans for big tax increases, but they soon started tumbling again and were off over 80 points and falling as we closed; IBM Corp was holding up fairly well, off about $1 at just below the $50 mark; Intel Corp was off $6 at $106 and Microsoft Corp $2.625 at $81.00.
