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Non-Tech : Wal-Mart
WMT 102.49-0.1%3:59 PM EST

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To: Gary L Schultz who wrote (287)9/24/1997 12:46:00 PM
From: Ken Turetzky   of 1166
 
Salomon Brothers Inc Morning Research Call
09:39am EDT 24-Sep-97

***MENTION***
WAL-MART STORES (WMT Strong Buy $37 1/16) Jeffrey M. Feiner
1996A: $1.33 1997E: $1.55 1998E: $1.75

Highlights of Salomon Brothers-Sponsored Meeting On Monday, Sep 22.
* Mgmt has set its total long-term shholder return target at 15%.
* Cap-ex will be approximately $3 bn in 97 and level out in the
$3.0-$3.5 bn range for the foreseeable future.
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