FDC : First Data Corp Message Board

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Technology Stocks : FDC : First Data Corp

FDC 31.69

0.0%

Aug 5 5:00 PM EST

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To: Dale Stempson who wrote (88)	9/8/1997 4:36:00 PM
From: Thomas C. White	of 323

Whew. Closed down almost 3 on about 10 mil shares. DLJ came out about 3 hours ago and reiterated their strong buy in comments re MS's downgrade, stating that MS was concerned about lack of revenue growth in FDC "non-core" areas, that this has all been on the table since the May analysts conference, noted that FDC is trading at lowest valuation since 1993 and is very compelling at this price. Reiterated 12-month target of $53. I bought some more near the close. Hope it don' go down no mo'.

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