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Non-Tech : J.P. Morgan Chase (JPM)

JPM 315.01

-0.3%

Dec 5 3:59 PM EST

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To: Patriarch who wrote (1)	1/13/2001 5:29:03 PM
From: Patriarch	of 30

RESEARCH ALERT-JP Morgan Chase a Merrill Focus 1 January 10, 2001 12:02:00 PM ET NEW YORK (Reuters) - Merrill Lynch said on Wednesday it named banking group J.P. Morgan Chase & Co. Inc. (JPM) a Focus One stock. The 12-month target price is $75. The rating of near- and long-term buy was reiterated. ``The shares appear deeply undervalued when viewed as an emerging global securities play,'' Merrill Lynch said in a report. ``... JPM is emerging among a handful of well-positioned global wholesale intermediaries - non-U.S. business explains over 50 percent of profits.''

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