Investors' Doubts," page 1, exaggerated Wells Fargo & Co.'s estimate of how much its bid for First Interstate Bancorp would ultimately be worth. Wells' estimate is $160 a share. In addition, an accompanying chart exaggerated the price decline for First Bank Systems and First Interstate stock after Wells sweetened its offer. First Interstate slid 2.3% and then edged up by the end of trading Nov. 15 to 2% below the Nov. 10 level. First Bank System dipped 1.6% and then recovered to 1.1% below the Nov. 10 close.
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