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S&P Personal Wealth release

2 October 2000

S&P Personal Wealth release

    NEW YORK--Oct. 2, 2000--Read the following articles at S&P Personal Wealth (http://www.personalwealth.com). Standard & Poor's is a division of the McGraw-Hill Companies:

    "Lehman's Appeal: Global Growth with a Takeover Kicker"
    http://www.personalwealth.com/story/doc.html?id=3069941

    S&P analyst Michael Schneider says Lehman Brothers is superbly positioned to take advantage of positive trends in the investment banking industry -- and it's an attractive takeover candidate to boot. Get his full report on Lehman in S&P Focus Stock of the Week.

    "Stocks on the Defensive"
    http://www.personalwealth.com/story/doc.html?id=3069558

    With profit growth moderating as economic expansion slows and the effects of a weak euro and higher oil prices are felt, it remains to be seen whether analyst and investor expectations for stocks have been lowered sufficiently. Without evidence to the contrary, the market should be considered vulnerable.

    "PaineWebber Cuts Rating on Caterpillar"
    http://www.personalwealth.com/story/doc.html?id=3070401

    PaineWebber analyst David Bleustein cut his rating on Caterpillar Inc. shares to neutral, saying he believes there is significant risk of further EPS disappointments this year. Find out where Bleustein thinks the heavy equipment giant's stock is headed next in Word on the Street.

    S&P Personal Wealth (www.personalwealth.com) is the award winning service created specifically for individual investors by Standard & Poor's. Investment management features include personalized portfolio recommendations; buy, sell, and hold alerts; free real-time quotes, live market commentary; and in-depth analysis and research on companies and funds from hundreds of Standard and Poor's analysts worldwide.