Aetna ( aet) Message Board

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Strategies & Market Trends : Aetna ( aet)

AET 212.70

+0.3%

Nov 28 4:00 PM EST

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To: men mailman who wrote (30)	10/15/1997 5:03:00 PM
From: men mailman	of 110

Solomon brothere issued STRONG BUY ON AETNA AND THAT IT IS TRADING DIRT CHEAP here. NEW YORK, Oct 15 (Reuters) - Salomon Brothers said it lowered its earnings estimates on Aetna Inc after meeting with Aetna Chief Executive Dick Huber. A ramp-up in earnings will come at a less aggressive rate than Salomon previously had thought. The 1998 estimate went to $5.10 per share from $5.50. The 1999 view went to $6.25 from $6.55. The 1997 estimate was unchanged at $4.48. The rating on Aetna remained a strong buy. The stock remains cheap on the basis of cash flow of over $7 per share next year. Aetna was up 11/16 to 80 in morning trading. REUTERS 11:30 10-15-97

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