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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies. -- Ignore unavailable to you. Want to Upgrade?

To: Bill Jackson who wrote (27654)	1/5/1998 6:47:00 AM
From: Phil Jones	Read Replies (1) \| Respond to of 28369

Does anyone know if "mikesloan" (Dave Walsh's brother) is part of the Bre-X investigation by the RCMP? Mikesloan was on this thread hyping Bre-X in a reckless manner, and probably caused many who were nervous about Bre-X to stay on board until it was too late to get off. I think mikesloan is at least as guilty as Dave Walsh if we are looking at those who were negligent (even if he wasn't intentionally fraudulent).

To: Bill Jackson who wrote (27654)	1/5/1998 9:13:00 AM
From: alan holman	Read Replies (1) \| Respond to of 28369

NEWS FLASH !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! FEDERHOF ASSETS FROZEN- (read 12th asterick).......................... PRESS DIGEST - Wall Street Journal - January 5 Reuters Story - January 05, 1998 03:08 %PRESS %US %LEI %APL %JP %BUS %GDM %CA %FOD %TEL %ENT %PRESS/WSJ MT LQI 6758.T NLV HWP T HNZ BXMN.CD SYBS V%REUTER P%RTR NEW YORK, Jan 5 (Reuters) - The following stories were reported in Monday's electronic version of The Wall Street Journal. * Meditrust agreed to acquire La Quinta Inns for $2.1 billion in stock and cash, plus $900 million in assumed debt. The health-care focused REIT will pay $26 a share for the 270-property hotel chain. * Sony plans to pay about $188 million for a 5 percent stake in NextLevel , a maker of advanced digital TV set-top devices. * Alan Greenspan broached the sensitive subject of stock prices in a speech, saying that "very rapid asset price declines" can be "a virulently negative force in the economy." Still, the Fed chief did not predict a market plunge or even comment on its current level. * South Korean officials are expected to ask international bankers for billions of dollars in new loans to help resolve the country's debt crisis. The request could come in the first face-to-face meetings since a host of international banks agreed to roll over short-term loans to South Korean banks. * Manufacturing is continuing to grow, but at a slower pace, according to a survey of purchasing managers. * Hewlett-Packard will unveil the first line of PCs to use Intel's MMX technology and cost under $800. * AT&T's shares tumbled 4 percent, while shares of several Baby Bells were up following a federal judge's ruling that could alow the regional phone concerns to quickly offer long distance. * The Dow Jones industrials rose 56.79 points Friday to 7965.04. Bond prices surged, sending the yield on the 30-year Treasury bond to 5.85 percent, its lowest level in more than four yars. The dollar continued to climb. * Investors who bought or sold Nasdaq sotcks as late as July 1996 may now be eligible for some of the $910 million from the settlement of a class action suit against Nasdaq dealers. * The Malaysian ringgit fell to a fresh low Friday along with the Philippine peso while the Indonesian ruopian and Singapore dollars also slumped. * H.J. Heinz plans to launch a $20 million advertising and marketing campaign for its No. 1 ketchup, including the first TV ads in five years, amid a slowly dwindling market share. * Bre-X bankruptcy trustee sued John Felderhof, the former vice chairman and geologist of the firm at the heart of a huge mining fraud, and won an order to freeze his assets. * Sybase said it expects to report disappointing fourth-quarter earnings, which drove its shares down 25 percent and underscored concerns about the rest of the database-software industry. * A federal appeals court dealt a setback to the government's crackdown on allegedly substandard semiconductors supplied to dozens of military and space programs through the years. * Heard on the Street: Is the flurry of bargain-hunting in battered technology stocks the first sign of a turnaround? Even some of the most aggressive bottom-fishers themselves are not betting on it. * Credit Markets: Will the coming deluge of mortgage refinancings wipe out the recent stellar gains of mortgage-backed security invesetors? Analysts say no, but investors are less sure.