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PAINEWEBBER INCORPORATED ADDS RAYCHEM TO ITS FOCUS LIST

 PAINEWEBBER INCORPORATED ADDS RAYCHEM TO ITS FOCUS LIST
 NEW YORK, Nov. 11 /PRNewswire/ -- PaineWebber Incorporated


(NYSE: PWJ) announced today that it has added Raychem (NYSE: RYC) to its group of stocks known as the PaineWebber Focus List.
 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.
 Raychem, headquartered in Menlo Park, Calif., primarily produces high performance plastic and elastomers products and systems. A major investment is currently being made in fiber optics. Company revenues for 1991 were reported at $1.29 billion.
 Carolyn J. Cole, senior vice president and chairperson of the Focus List Committee, said about the selections,"Raychem is a good way to participate in a further improvement of the U.S. economy and currently offers the most upside of any specialty chemical company we follow."
 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 firms with more than 275 offices and 5,000 investment executives worldwide.
 -0- 11/11/92
 /CONTACT: Beverly T. Spano of PaineWebber, 201-902-6775; or Jeffrey Z. Taufield of Kekst and Company, 212-593-2655, for PaineWebber/
 (RYC PWJ) CO: Raychem; PaineWebber Incorporated ST: California, New York IN: SU:


AH-LR -- NY048 -- 9765 11/11/92 13:27 EST
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Date:Nov 11, 1992
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