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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange) -- Ignore unavailable to you. Want to Upgrade?

To: MARK BARGER who wrote (1917)	3/4/1998 10:50:00 PM
From: mph	Read Replies (2) \| Respond to of 2841

'Evening, Mark: Tomorrow is likely to be ugly. Unfortunate timing for the cc. It could be overshadowed by lots of CNBC and general market hysteria/hype. I for one am glad that the earnings announcement and cc is finally set for a date certain, even if the date is not the greatest. Waiting for these announcements reminds me of the old experiments many years ago with monkeys. They would be placed in cages and given electric shocks at random intervals. They were also shown a button which, when pushed, would provide the shock. The monkeys got so anxious not knowing when the random shocks would be administered that they would actually hit the button and shock themselves to get it over with.....see any correlation? <ggg> mph

To: MARK BARGER who wrote (1917)	3/5/1998 7:08:00 AM
From: Mark Dorros	Read Replies (2) \| Respond to 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