Here's A Hundred Grand, Go Play

In the story "Here's a hundred grand, go play" ("Strategies for stocks: The pros," Dec. 28/Jan. 4), we understated the performance of last year's stock picks by Carmine Grigoli, chief U. S. investment strategist at Baring Securities Inc. The 10 stocks he recommended in late 1991 were up 21%. Our calculation did not account for a split in Phelps Dodge, one of Grigoli's picks, which gained 48.5%.

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