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Gold/Mining/Energy : STE-TSE STELCO BALANCE SHEET IMPROVING

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To: Letmebe Frank who wrote (37)3/19/1998 1:14:00 PM
From: phoenix_investor  Read Replies (1) of 46
 
DLJ ups BS to buy, target $20: Reads the same as STE story.

NEW YORK, March 19 (Reuters) - Donaldson Lufkin and Jenrette said on Thursday it raised its rating on shares of
Bethlehem Steel Corp (BS - news) to buy from market perform with a $20 per share target price.

-- Analyst Scott Morrison said there is evidence that the company's restructuring moves are beginning to pay dividends, and
Wall Street earnings estimates for Bethlehem could rise.

DLJ's EPS for BS - $1.30 for 98 and $1.55 for 99

Rusty
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