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To: Anthony Wong who wrote (1107)	11/20/1998 11:13:00 PM
From: Anthony Wong	Respond to of 1722

GM, Citigroup Among Marsico's Recommendations on 'Rukeyser' Bloomberg News November 20, 1998, 10:31 p.m. ET Owings Mills, Maryland, Nov. 20 (Bloomberg) -- General Motors Corp. and Citigroup were among the companies recommended by Thomas F. Marsico, Chairman and Chief Executive Officer of Marsico Capital Management LLC, on Public Broadcasting System's ''Wall Street Week With Louis Rukeyser'' program. Marsico, whose funds invest in companies with large stock- market capitalizations, said GM could earn $9 a share next year, compared with $8.70 a share in 1997 and a projected $4.52 in 1998, the average estimate of analysts surveyed by First Call Corp. He expects Citigroup, which was formed in October by the merger of Citicorp and Travelers Group Inc., to earn as much as $6 a share over the next 18 months. GM, which is recovering from a 54-day strike this summer that crippled North American output and cost it $2 billion, should grow as it goes ''through a total restructuring of (its) operations'' and introduces new products, Marsico said. It is benefiting from a lower U.S. dollar against the Japanese yen and lower commodity prices, Marsico said. Meanwhile, Marsico thinks Citigroup can have an 18 percent to 20 percent return on equity. Marsico also recommended some companies that are helping to build the infrastructure of the Internet. These include International Business Machines Corp., Cisco Systems Inc. and Lucent Technologies Inc. Among the panelists, Prudential Securities Inc. technical analyst Ralph Acampora recommended Johnson & Johnson and Eli Lilly & Co., which this week agreed to sell its PCS Health Systems unit to Rite Aid Corp. for $1.6 billion. He also likes Texas Instruments Inc. and Philip Morris Cos. ''A lot of money is falling into the big names,'' Acampora said. Barbara Marcin, senior portfolio manager at Citibank Global Asset Management, recommended American Home Products Corp., which she said has ''really lagged the other'' drug companies since its planned merger with Monsanto Co. fell through in October, and Martin Marietta Materials Inc. Brian Rogers, a managing director at T. Rowe Price, sees ''opportunity'' in Starwood Lodging, Unocal Corp. and BankAmerica Corp. --Courtney Schlisserman in the New York newsroom (212) 318-2300