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

To: David Wang who wrote (160)	1/29/1998 11:27:00 PM
From: Mr. Whist	Read Replies (1) \| Respond to of 323

FDC closed up $2.93 today. Piper Jaffray Inc. analyst Bill Burnham said First Data's 1998 outlook (in yesterday's earnings report) was a welcome sign from a company that he said had previously refused to offer such guidance, leading to "a tremendous amount of uncertainty." The rise in First Data's stock was "the market just breathing a sigh of relief" at receiving an indication of the company's future course, Burnham said. (Source: Dow Jones News Service) Obviously, the street likes the direction FDC is going. I can easily see the stock establishing a base at $33 in the next few weeks.