  We perform a detailed comparison of the present LEP data with the one-loop
standard-model predictions. It is pointed out that for $m_t= 174$ GeV the
``bulk'' of the data prefers a rather large value of the Higgs mass in the
range 500-1000 GeV, in agreement with the indications from the W mass. On the
other hand, to accommodate a light Higgs it is crucial to include the more
problematic data for the $\tau$ F-B asymmetry. We discuss further improvements
on the data taking required to obtain a firm conclusion.
