
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, April 28, 1993                   TAG: 9304280038
SECTION: NATIONAL/INTERNATIONAL                    PAGE: A2   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

FOR THE RECORD

In a story Friday detailing First Union Corp.'s response to a wire service report, a company spokesman said a reporter had misinterpreted remarks made by President John Georgius concerning the company's second-quarter earnings.

First Union released its projected earnings for the second quarter "following a . . . report of a lower earnings estimate," the company said, a day after the initial report by the Dow Jones News Service. The news service also reported the company's earnings estimate.

"We stand by our original story," Howard Hoffman, an assistant news editor for Dow Jones, said Monday. "And we reported the subsequent projection by First Union as the current one."

Hoffman disputed First Union's contention that an Atlanta-based reporter had misunderstood Georgius's comments.

by CNB