American Eco (ECGOF, ECX on Toronto exchange) Message Board

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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)

ECX 1.720

+3.6%

Dec 31 3:59 PM EST

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To: MARK BARGER who wrote (1917)	3/5/1998 7:08:00 AM
From: Mark Dorros	Read Replies (2) of 2841

Mark, I think you're placing too much emphasis on Intel. I would not consider them as a leader of this phase of the bull market. They had corrected deeply in the Oct-Jan market correction, and they haven't even made it back to its old highs, let alone set new ones. Hardly the mark of a leading stock. The past 6 days have seen a correction from 94 to 86. I see the current big cap leaders as more like MSFT, DELL, CSCO, and LU to name a few. Of course, the market can use a bit of a breather, and this might just be a nice excuse. International markets are down pretty much across the board. Although I don't fully understand how to read the quotes on the Berlin exchange (Dave's link), it appears that the drop is very contained to Intel, and Eco seems to be up a bit. Intel is such a large part of the Nasdaq, that if INTC drops 10 points the Naz is sure to take a hit, but I expect the general market to fare much better today. Mark

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