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Technology Stocks : Howmet Intl. HWM / Thiokol joint venture ipo
HWM 207.62-0.9%3:59 PM EST

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To: joseph cheng who wrote (13)1/9/1998 8:16:00 AM
From: Frank Perlmutter   of 24
 
I believe Dean Witter/Morgan Stanley have given it a target price of 25. I think that once people notice the stock it should have no trouble getting to that point. I initially bought the company based on fundamentals-- like the fact that insiders are buying it up, too.

Should be a nice ride-- Go HWM!

Frank
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