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Technology Stocks : FDC : First Data Corp -- Ignore unavailable to you. Want to Upgrade?

To: BenYeung who wrote (128)11/11/1997 6:34:00 PM
From: Uncle Mikey  Read Replies (1) | Respond to of 323
 
Lehman Bros did a review of FDC last week. Basically they said they were disappointed with the slowdown in certain aspects of FDC's business. They saw these problems as co specific.

However, they also said the selloff was overdone and had a one year price target of around $40.

Longer term they saw internet commerce, the alliance with MSFT, and the general trend to credit/debit card use to be positive factors.


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