IC INDUSTRIES<ICX> UP AFTER BEAR STEARNS REPORT
IC Industries Inc rose 2-3/4 to 33-1/4
following a favorable comment by analyst Gary Schneider of Bear
Stearns and Co, traders said.
    Schneider was not immediately available for comment.
    IC Industries also was the subject of a favorable report
earlier in the week from First Boston Corp, traders said.
    Sources said Schneider's report concluded IC Industries
shares are undervalued and will eventually trade in the
mid-40's.
 Reuter
