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PAINEWEBBER ADDS UNION CARBIDE AND WAL-MART TO ITS FOCUS LIST

 PAINEWEBBER ADDS UNION CARBIDE AND WAL-MART TO ITS FOCUS LIST
 NEW YORK, July 15 /PRNewswire/ -- PaineWebber Incorporated announced today that it has added two companies to its group of stocks known as the PaineWebber Focus List. They are Union Carbide (NYSE: UK) and Wal-mart Stores (NYSE: WMT).
 The focus list is a dynamic, carefully chosen list of no more than 30 select companies that the firm has rated buy or attractive.
 The focus list uses a method of stock selection designed to maximize growth potential and minimize risk. The 30 stocks that comprise the focus list are chosen by a committee of senior PaineWebber professionals whose selection criteria combine elements of fundamental, quantitative and technical analysis.
 After a stock is chosen, it its scrutinized daily and is removed from the list when one of two things happens: the PaineWebber analyst downgrades the stock, or the focus list's proprietary Stop-Loss discipline indicates that the price threshold has been violated.
 Union Carbide, headquartered in Danbury, Conn., is a leading producer of petrochemicals, plastics, solvents and resins and specialty chemicals. Company revenues for 1991 were reported at $4.9 billion.
 Wal-mart, headquartered in Bentonville, Ark., is a discount mass merchandising retailer, with 1,714 Wal-mart stores and 208 Sam's membership warehouse clubs. Company revenues for 1991 were reported at $43.9 billion.
 Carolyn J. Cole, senior vice president and chairperson of the Focus List Committee, said about the selections, "Union Carbide is an attractive turnaround situation for balance-oriented accounts, offering good growth prospects as well as a handsome 6.1 percent yield. Wal- mart's leadership position and pro-active approach to the future are a formula for continued above-average earnings growth and outperformance."
 To receive recent performance data or a complete list of stocks on the focus list and additional information about those stocks, please contact any investment executive at your nearest PaineWebber office.
 PaineWebber Incorporated is one of the nation's leading full-service securities firm with 270 offices and 4,900 investment executives worldwide.
 -0- 7/15/92
 /CONTACT: Beverly T. Spano of PaineWebber, 201-902-6775, or Jeffrey Z. Taufield of Kekst and Company, 212-593-2655, for PaineWebber/
 (UK WMT) CO: Union Carbide; Wal-mart Stores ST: Connecticut, Arkansas IN: CHM SU:


TQ-OS -- NY069 -- 9609 07/15/92 13:54 EDT
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Publication:PR Newswire
Date:Jul 15, 1992
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