P206 CJJFAX 206 Sun 3 Mar 20:34/41 1/6 O CEEFAXSTOCK O MASTERPANEL The Stock Market Panel assembles professional expertise in an effort to illustrate the pros and cons of investment in US stocks and shares. While this form of investment can bring rewards, there are risks too. It should only bj considered if you are ready to lose the sum invested in its entirety. Selections made and opinions given are those of the panellists and are not necessarily shared bz the BBC. * Investors are recommended always to seek professional advice. Unit Trust Panel 207 Feature 202 UT Panel Monjyfile Annuities TaxGuideP206 CJJFAX 206 Sun 3 Mar 20:44/16 2/6 CEEFAX STOCK O MARKET PANEL Robin Boyle Dunbar Boyle & Kingsley/London Ovjrviiw: Investors were unsettled by the volatility of Wbll Street and political worries. Most bank shares eased bjcausj of concerns about mortgage price wars and the outlook for bond markets. Reuters was boosted bz American buyers and bz hopis of a share buy-bbck. There were good results from General Accident and Standard Chartered. Kvajtnjt confirmed that it was considering a bid for Trafalgar. BP and Mobil announced European merger plans. 1 March U- Panel Monjyfile Annuities TaxGuidjP206 CJJFAX 206 Sun 3 Mar 20:47/31 3/6 CJEFAX STOCK O MARKET PANEL Robin Boyle Dunbar Boyle & Kingsley/London Crown Products Group, which is traded on AIM, announced that it has been successful in recruiting Mr John Harper as the new Chief Executive. Mr Harper joins Crown from the toy giant Mattel where hj was Group Managing Director of Mattel US and has considerable expjtiince of merging companies. The recent acquisition of Creative Distributors will reduce sourcing costs and opens up new markets for the Group. NB DBK is the Nominated Broker for Crown. Buy. 1 March UT Panel Monjyfile Annuities TaxGuidjP206 CJJFAX 206 Sun 3 Mar 20:45/26 4/6 CEEFAX STOCK O MARKET PANEL Barry Friislandjr Fairmount Group/Bolton FT-SE (3727.6): Even the latest bout of bid speculation has been unable to lift London this week. The extreme volatility of global bonds, togjthjt with political concerns at home, have undermined US equities. The outlook continues to favour extreme caution. At this time, there seems to bj a degree of support evident at 3700 with resistance in the 3750-3760 range. If 3700 gives way, there would bj little to stop a slide to a minimum of 3600. 1 March U$ Panel Monjyfile Annuities TaxGuideP206 CJJFAX 206 Sun 3 Mar 20:48/21 5/6 CEEFAX STOCK O MARKET PANEL Barry Frieslandjr Fairmount Group/Bolton Tesco (263\p): I last brought this share to your attention in the middle of November last year when I advocated purchases around 270-5p looking for a target of 300-10p. This target was duly achieved before the shari fell back below the key 300p level. The shari's recent move below 275p bodes ill, completing a negative chart pattern giving an implied downside target in the order of 200-10p. The shari is oversold. Look for a bounce to 270-80p before resuming the fall. 1 March UT Panel Monjyfile Annuities TaxGuideP206 CJJFAX 206 Sun 3 Mar 20:46/16 6/6 CJEFAX STOCK O MARKET PANEL Barry Frieslandjr Fairmount Group/Bolton Argzll (295p): Margin pressures aside, this chart is deteriorating at a rate of knots. The recent break below 313p gives a minimum implied price target of 263p.aIm breaking 291p, another pattern will bj completed giving a target in the ordjt of 200-20p. In the immediate short term, the shari is oversold and should find a degree of support around 290p. The upside will bj minimal to 300-10p before the downtrend is resumed. Sell into the impending bounce and stand aside. 1 March UT Panel Monjyfile Annuities TaxGuide