stocks to watch

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    Stockwatch for Monday, February 3, 2003.

    LLC - Lend Lease Corp Ltd - down 20 cents to $9.06.

    Lend Lease Corp Ltd unveiled a top floor management shakeup at its troubled US Real Estate Investments (REI) arm on Friday, as shares in the property giant dipped to an eight year low.

    RIO - Rio Tinto Ltd - down 21 cents to $31.92.

    Rio Tinto Ltd's 2002 profit slump was well received by the market on Friday, with analysts praising its conservative approach.

    BHP - Bhp Billiton Ltd - down eight cents to $8.92.

    Rio Tinto's massive $US879 million ($A1.62 billion) writedown in its 2002 results has renewed speculation rival miner BHP Billiton will make some hefty writedowns of its own next month.

    RUP - Rural Press Ltd - down a cent to $5.30.

    Rural Press Ltd is hoping to expand its regional radio empire after taking control of Star Broadcasting Network Pty Ltd.

    MIM - Mim Holdings Ltd - up four cents to $1.54.

    MIM Holdings Ltd shares gained ground and topped turnover on Friday as a scrip-based bid from its Swiss suitor Xstrata Plc became more attractive.

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