Featured Articles From S&P Personal Wealth.

NEW YORK--(BUSINESS WIRE)--Oct. 13, 1998--Read the following articles exclusively at S&P Personal Wealth (http://www.personalwealth.com). Standard & Poor's is a division of the McGraw-Hill Companies:

"S&P Says Recent Stock Market Action Encouraging" http://www.personalwealth.com/prn11

The stock market in general now seems reasonably priced given structural improvements in the economy and in the competitive position of U.S. corporations in recent years, according to the latest issue of The Outlook, S&P's investment advisory newsletter. While "fair value" is often overshot in selloffs, as it is during advances, S&P feels that it's too late to sell. More testing will probably be seen and bottom fishing hasn't worked so far; S&P recommends earmarking attractively-valued stocks for purchase when the storm lifts.

"Downside Risk for Retracements is Limited, S&P's Cherney Says" http://www.personalwealth.com/prn02

The end of Monday's session saw some profit-taking set in, but S&P Market Analyst Paul Cherney says that considering the eruption to the upside since Thursday's low prints, this is entirely natural. Cherney thinks that in the short-run, downside risk for retracements will be limited to prints that test Friday's close for the S&P 500, in the 986-980 area. MarketViews provides the thoughts of leading investment strategists, portfolio managers and other market mavens on the stock and bond markets and the state of the economy. MarketViews also features Paul Cherney's market commentary every weekday evening.

"St Paul Cos. Sees $175 Million in 3rd Quarter Pretax Catastrophe Losses" http://www.personalwealth.com/prn03

St. Paul Companies (NYSE:SPC) said that its third and fourth quarter results will be negatively impacted by continued deterioration in the condition of the general commercial property/casualty marketplace. The company noted that third quarter losses from catastrophes are expected to total about $175 million (pretax). Other stocks featured in this morning's MarketMovers include General Motors (NYSE:GM), Eastman Kodak (NYSE:EK), Segue Software (Nasdaq:SEGU), Consilium Inc. (Nasdaq:CSIM), C-Cube Microsystems (Nasdaq:CUBE), Atmel Corp. (Nasdaq:ATML), Broadcom Corp. (Nasdaq:BRCM), Earthlink Network (Nasdaq:ELNK), Lattice Semiconductor (Nasdaq:LSCC), and Donaldson, Lufkin & Jenrette (NYSE:DLJ).

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