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Non-Tech : Wolverine World Wide: Need some good shoes? -- Ignore unavailable to you. Want to Upgrade?

To: swamp fox who wrote (75)	3/19/1998 10:44:00 AM
From: Ken Turetzky	Respond to of 178

GKM sees market correction, but still likes WWW: =Gerard Klauer Co-Chair Sees 5%-10% Correction In Dow, S&P Dow Jones News Service via Dow Jones NEW YORK (Dow Jones)--Gerold Klauer, co-chair of Gerard Klauer Mattison & Co., sees a 5% to 10% correction for the Dow Jones Industrial Average and the Standard & Poor's 500, but said small and mid-cap stocks still have room for growth. And while he said a correction would be "healthy," the current rise in stock prices does not worry him too much because it is not based on speculation. "The market is still being driven by the fact that investors don't have anyplace else to put their money right now," he said in an interview on CNBC Wednesday. With those market conditions in mind, Klauer named Alza Corp. (AZA), Claire's Stores (CLE), Hasbro Inc. (HAS) and Wolverine World Wide Inc. (WWW) as favorites. -Charlene Oldham; 201-938-5173 (END) DOW JONES NEWS 03-18-98