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Technology Stocks : Vodafone-Airtouch (NYSE: VOD)
VOD 11.70+1.1%Nov 10 3:59 PM EST

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To: MrGreenJeans who wrote (2518)2/10/2000 6:12:00 PM
From: MrGreenJeans  Read Replies (1) of 3175
 
RESEARCH ALERT-Vodafone resumed as "strong buy"
LONDON, Feb 10 (Reuters) - Morgan Stanley Dean Witter said on Thursday it resumed coverage of mobile phone company Vodafone AirTouch Plc (quote from Yahoo! UK & Ireland: VOD.L) with a ``strong buy' rating and a price target of 400 pence.

MSDW analyst Fanos Hira said his price target was conservative, with potential upside seen as information emerged following the successful conclusion of Vodafone's bid for Germany's Mannesmann AG .

Further detail was not immediately available.

Vodafone shares traded 11-1/4 pence or 3.4 percent higher at 346-1/2p by 1620 GMT, with volume reaching a heavy 952 million shares on the day when Vodafone finally declared its bid for Mannesmann unconditional.
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