Paine Webber add SUNW to Firm's Highlighted Stock list
A very good recommendation for SUNW.
Tuesday December 1, 1:59 pm Eastern Time
Company Press Release
PaineWebber Chief Investment
Strategist Edward Kerschner Adds
Carnival Corp and Sun Microsystems
to the Firm's Highlighted Stock List
NEW YORK--(BUSINESS WIRE)--Dec. 1, 1998--Edward Kerschner, chairman of the
PaineWebber Investment Policy Committee, today added Carnival Corp (NYSE:CCL - news)
and Sun Microsystems (SUN) to the firm's Highlighted Stocks list.
In November the Highlighted Stocks list performance increased 10.8%, vs. a gain in the S&P 500
of 5.9%. Top performing names were: America Online (+37%), American Express (+24%), The
Gap (+22%), Disney (+19%) and Lear Corp. (NYSE:LEA - news; +19%). For the year to date,
the PaineWebber Highlighted Stocks are up 40.7% vs. a gain in the S&P 500 of 19.9%. For the
12 months to date, the PaineWebber Highlighted Stocks are up 44.5%, vs. an S&P 500 gain of
21.8%.
Paine Webber Group Inc., together with its subsidiaries, serves the investment and capital needs of
a worldwide client base. The firm employs 17,424 people in 299 offices. As of September 30,
1998, the book value per share was $15.86.
This news release and more information about Paine Webber Group Inc. can be found on our
corporate site on the World Wide Web, www.painewebber.com.
Contact:
PaineWebber Incorporated
Tom Borden, 212/713-8503
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