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PAINEWEBBER INCORPORATED ADDS COLGATE-PALMOLIVE TO ITS FOCUS LIST

 PAINEWEBBER INCORPORATED ADDS COLGATE-PALMOLIVE TO ITS FOCUS LIST
 NEW YORK, June 24 /PRNewswire/ -- PaineWebber Incorporated announced today that it has added one company to its group of stocks known as the PaineWebber Focus List. It is Colgate-Palmolive Co. (NYSE: CL).
 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 is 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.
 Colgate-Palmolive, headquartered in New York, is an international manufacturer and distributor of consumer and industrial products. Company revenues for 1991 were reported at $6.1 billion.
 Carolyn J. Cole, senior vice president and chairperson of the Focus List Committee, said about the selection, "The stock reflects both a good fundamental growth story as well as a positive technical trading pattern."
 To receive recent performance data or a complete list of stocks on the Focus List and additional information about those stocks, contact any investment executive at the nearest PaineWebber office.
 PaineWebber Incorporated is one of the nation's leading full-service securities firms, with 270 offices and 4,870 investment executives worldwide.
 -0- 6/24/92
 /CONTACT: Beverly T. Spano of PaineWebber Incorporated, 201-902-6775; or Jeffrey Z. Taufield of Kekst and Company, 212-593-2655, for PaineWebber Incorporated/
 (CL) CO: Colgate-Palmolive Co. ST: New York IN: HOU SU:


GK-LD -- NY061 -- 3438 06/24/92 16:28 EDT
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Date:Jun 24, 1992
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