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Chief Global Strategist Edward M. Kerschner Adds Broadcom,

Celestica, Juniper Networks, Perkinelmer, Quest Diagnostic, Tellabs, Texas Instruments, Verizon

    Communications and Deletes Lucent Technologies and Pharmacia From the 
                            Highlighted Stock List 

NEW YORK, Dec. 1 /PRNewswire/ -- Edward M. Kerschner, chief global strategist of UBS Warburg added Broadcom (BRCM), Celestica (CLS), Juniper Networks (JNPR), PerkinElmer (PKI), Quest Diagnostic (DGX), Tellabs (TLAB), Texas Instruments (TXN), Verizon Communications (VZ) and deleted Lucent Technologies (LU) and Pharmacia (PHA) from the Highlighted Stocks list today.

UBS Warburg is a business group of UBS AG (NYSE: UBS), one of the largest financial services firms in the world with 78,000 employees in more than 40 countries. In the United States, UBS Warburg's securities activities are conducted through UBS Warburg LLC and PaineWebber Incorporated, U.S.-registered broker-dealers. The firm is a leader in equities, corporate finance, M&A advisory and financing, financial structuring, fixed income issuance and trading, foreign exchange, derivatives and risk management. UBS Warburg also offers a full range of innovative wealth management services through PaineWebber, and provides private equity financing through UBS Capital.


    -0-                             12/01/2000 
    /CONTACT:  Amy M. Rosenberg, 212-713-8510, for UBS Warburg/ 
    /Web site: 


CO: UBS Warburg LLC; PaineWebber Incorporated; UBS AG ST: New York IN: FIN SU: RTG

-0- Dec/01/2000 13:32 GMT

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