High energy electroweak data, including the recent measurement of M top is analyzed within the basic framework of the standard model. While the experimentally measured value of [Formula: see text] implies a low value of M top , the rest of the data demands a much higher value. Estimates of M Higgs within the SM framework including and excluding this Rb measurement are given. Next this discrepancy is expressed in terms of a new parameter, [Formula: see text], the excess[Formula: see text] production compared to that expected from a SM fit. This parameter is determined to be (9.4 to 12.8) ± 5.0 MeV, implying an excess of over 10 000 [Formula: see text] events in each LEP experiment after the 1993 data is fully analyzed. The origin of these events could be non-minimal Higgs pair production which should be thoroughly searched for in the full data sample of ~2×106 events per LEP experiment. Unless this discrepancy eventually turns out to be a fluctuation one may be witnessing at LEP the advent of physics beyond the standard model.