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Non-Tech : WELLS FARGO

WFC 87.13

-0.2%

1:22 PM EST

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To: David C. Burns who wrote (1157)	1/15/1999 9:31:00 AM
From: Ted Gregg	of 1281

RESEARCH ALERT - Bear Stearns starts banks Friday January 15, 9:06 am Eastern Time NEW YORK, Jan 15 (Reuters) - Bear Stearns analyst Sean Ryan said Friday he started four bank holding companies. -- He started First Union Corp. (NYSE:FTU - news) with an attractive rating, Wachovia Corp. (NYSE:WB - news) with a neutral rating and Wells Fargo and Co. (NYSE:WFC - news) and Centura Inc. (NYSE:CBC - news) with buy ratings. -- Further details were not immediately available. -- First Union shares closed at 61, Wachovia shares closed at 87-1/2, Wells Fargo shares closed at 35-9/16 and Centura shares closed at 70-3/4 on Thursday.

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