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Microcap & Penny Stocks : WR, LB and Friends. NO HYPESTERS OR SCAMMERS -- Ignore unavailable to you. Want to Upgrade?

To: Tom Allinder who wrote (1593)	3/7/1999 11:06:00 AM
From: Kimberly Lee	Read Replies (1) \| Respond to of 13776

From Smallcap Investor, clearing showing divergences betwwen the DOW, $COMP and Small Caps: Index performance for the week ending March 5 MicroCap stocks fizzled this week while the Dow surged to a new record high. The Dow had been down 30.70 points for the week after Wednesday's close, but an amazing two-day gain of 460.20 points (4.96%) on Thursday/Friday sent the Dow to a new closing high of 9736.08. MicroCap stocks, on the other hand, have been down for the last four weeks in a row, after posting nice gains during the first five weeks of 1999. The MicroCap50 lost 3.37% last week. The Russell 2000 index of smallcap stocks managed to gain some ground last week (1.47%), and the Nasdaq Composite gained as well (2.15%). The MicroCap50 fell 20.86 points (-3.37%) last week to close at 598.46. The index is up 4.42% so far in 1999 and is up 49.51% from its October 8 low of 400.29. The Russell 2000, a smallcap stock index, gained 5.75 points (1.47%) last week to close at 398.01. The index is down 5.68% in 1999 and is down 8.93% since January 1, 1998. The Dow Jones Industrial Average jumped 429.50 points last week (4.62%) to close at 9736.08 - a new record high. The previous high of 9643.32 was set on January 8, which was also a Friday, as the Dow gained 461.89 points (5.03%) that week. The Dow is up 6.04% so far in 1999.