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Technology Stocks : COLT Telecom (COLT)

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To: Kevin G. O'Neill who wrote (34)11/2/1998 1:05:00 PM
From: Bob Mohebbi  Read Replies (2) of 95
 
News dated 10/29/98

Colt Telecom shares up as Lehman raises target price to 980p - dealers

LONDON (AFX) - Colt Telecom Group PLC shares were marked higher as Lehman Brothers increased its share price target for the stock to 980 pence from 935 pence, dealers said. The broker also reiterated its "1" ("buy") stance on the stock.

At 10:18 AM the shares were up 15 pence at 695 pence.

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