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Technology Stocks : What about old Time Warner -- Ignore unavailable to you. Want to Upgrade?

To: John Carragher who wrote (28)	3/6/1999 8:42:00 AM
From: John Carragher	Read Replies (1) \| Respond to of 102

(TWX-NYSE) by Seidler (61 1/4 , Feb. 12) Buy. Time Warner's significant cash flow, estimated at $600 million in 1999 and growing to more than $1 billion in 2000, should provide it significant opportunity to reduce debt and de-leverage through the execution of its $5 billion share-repurchase program. We have a 12- to 15-month price target of $80.