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Picking Your Spots

                    PRICE      P-E    COMMENTS

AMERICAN EXPRESS    9 1/2      17     A safer card company that
(AXP)                                 rakes in fees

FANNIE MAE          67 2/4     18.5   Market turmoil is boosting
(FNM)                                 mortgage lender's profits

FIRST UNION         60         14     High-tech, all-American,
(FTU)                                 and ready to grow

U.S. TRUST          64 3/8     19     A play on affluence--it
(USTC)                                manages money for the rich

REINSURANCE GROUP   67 3/4     20     Demutualization could help
OF AMERICA (RGA)                      this life reinsurer

CHASE               58 13/16   11.5   Foreign exposure is a worry,
MANHATTAN (CMB)                       but some smell a bargain


DATA: BUSINESS WEEK


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Updated Dec. 17, 1998 by bwwebmaster
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