| My favorite stock: VRLN, NASDAQ 
 8/26/96
 
 Closed at 21 3/4, UP +1/2 (+2.35%)
 
 Regards,
 
 Caroline
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 Varlen Corp. Earnings -2-: 2Q Financial Table >VRLN
 
 2nd Quar Aug. 3:
 1996            1995
 Sales              $91,025,000    $97,753,000
 Net income         a 5,900,000      4,933,000
 Avg shrs (primary)   6,016,000      6,145,000
 Avg shrs (diluted)   9,070,000      9,200,000
 Shr earns (primary)
 Net income              a .98            .80
 Shr earns (diluted)
 Net income              a .73            .60
 a. Includes a gain of $2.1 million, or 23 cents a share, from the sale of
 laboratory appliance division of the company's Precision Scientific Inc.
 unit.
 (MORE) DOW JONES NEWS 08-26-96
 3:08 PM
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