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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: Jim Steel who wrote (628)	10/27/1997 5:43:00 PM
From: Kent C.	Read Replies (1) \| Respond to of 11676

The Whitehouse reacts to the DIVE: White House Seeks Calm After Stocks Tumble WASHINGTON (Reuters) - The White House appealed for calm Monday after the Dow Jones index suffered its steepest one-day drop since the crash of 1987 and said U.S. economic fundamentals remained strong. ''The market has taken breath-taking drops in the past -- so let's just be calm and reasonable,'' White House spokesman Mike McCurry told a news briefing. But the U.S. economy was strong ''and that's what matters,'' he added. McCurry said a team of ''working level officials'' from the U.S. Federal Reserve, the Treasury and the Securities and Exchange Commission (SEC) had been monitoring the situation, including looking at procedures introduced after the 1987 crash. ''Those procedures and systems are working as they should and the market trigger is apparently working as it should,'' he said, referring to trading curbs that take effect during sharp stock movements. Minutes after McCurry spoke, trade was halted for the day. The Dow-Jones index had fallen 554.26 points. ''Our team has been monitoring what went on,'' he said. ''The fundamentals in this economy are strong and that's what matters most.'' cheers, Kent *http://www.investor1.com*