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To: NoMoney who wrote (6805)	1/20/1998 6:19:00 PM
From: MARIO PASQUA	Respond to of 11888

The shorts got their butt kicked today....Ouch!!. Close Dow +119.57 at 7873.12, Nasdaq +27.21 at 1590.09, S&P +17.00 at 978.51: It took the majority of the session, but all of the indices finally got on the same page of the playbook around 14:00 ET after program trading facilitated a noticeable break to the upside... From that point on, they never looked back as bulls took control of the action, relegating bears to the sidelines... While blue chip stocks trailed the action most of the day, they led the afternoon charge and helped propel an already sturdy tech sector even higher... Fueling the advance after the long weekend were gains in most Asian markets, and decent earnings news from the likes of Lucent (LU +5 9/16), Continental Airlines (CAI.B +1 3/4)), and Johnson & Johnson (JNJ +1 5/8)... No surprise, then, that telecom. equipment, airline, and drug stocks were some of today's biggest winners... **Other standouts included the oil drilling and oil service companies which resumed their winning ways from last week..**. Drug stocks, though, stole the show, helped not only by JNJ, but by takeover fever as SmithKline Beecham and American Home Products entered into merger talks... Merck (MRK +5 3/4) led the Dow and was named to the focus list at Deutsche Morgan Grenfell... Several banks reported earnings, but were slow to participate as Citicorp, Chase Manhattan, and J.P. Morgan saw 4th qtr. net negatively impacted due to the troubles in Asia... ... Notable laggards in today's broad-based advance included the gold, tobacco, and brokerage stocks... Breadth favored advancers on the NYSE and e Nasdaq by a wide margin... DJTA +76.41... DJUA +1.35... SOX +12.10... XAU -2.55. WHAT DROVE THE MARKETS? 30-yr bond -16/32 to yield 5.84% Japan +0.6%, Hong Kong +0.4%, Korea +0.9%

To: NoMoney who wrote (6805)	1/20/1998 10:33:00 PM
From: qdog	Read Replies (1) \| Respond to of 11888

What I say about it?? Show me the drilling program!! Nothing personnal NO Money, except with Sycamore; that is old news. That is news that means to me, NOTHING. This is an industry and this stock, in particular, that is "What have you done lately!!" I've from the very beginning have said it is a HIGH RISK stock and venture. To date nothing has changed. So the gov, in an era that was restrictive, isn't enough for me. I'll expose to those that care to see, my passport! It has plenty of broken promises of riches!! Then again, I've seen dogs turn into barnburners!! To me; it's a matter of proof, which is only done by drilling the prospect. It's the final aribiter!! I put my money down at $25 per share!! All whose, that did as much, identify thyself!! What, no takers??? Ok, no poblem!!