Prospects For Tech Vendors Clouded By Market Rout, Muni Consolidation


Coupled with recent layoffs in the municipal bond departments at Salomon Brothers and Kidder Peabody & Co., the collapse in stock prices ushered in a mood of uncertainty about technological investment on Wall Street.

But most executives contacted last week say the outlook for suppliers of financial information and trading systems depends whether the slump is permanent.

"Everything is going ahead as planned," says William Rothfarb, manager of market data at First Boston Corp. "There hasn't

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