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To: Frodo Baxter who wrote (5327)	1/24/1999 4:59:00 PM
From: Hungry Investor	Respond to of 9256

Lawrence, I guess it was my round about way of agreeing with you. You will not be able to do it without getting deep into the results of each company analyzed...which of course is next to impossible. I believe that you could (or should be able to) model it, however all of the information (and trash for that matter) that goes into COGS at times makes it useless. Scott.

To: Frodo Baxter who wrote (5327)	1/24/1999 10:59:00 PM
From: Mark Madden	Read Replies (1) \| Respond to of 9256

I can see that coincident indicators are no help if they are released at the same time as the quarterly report. Wouldn't a coincident indicator be helpful if we could monitor them six weeks before quarterly report were released. Then we could take action before warnings. Of course companies do not release information of their balance sheet six months before earnings reports but perhaps there are market indicators that can be monitored continuously.