BARNES- B : AN AEROSPACE GIANT THAT HAS A LOT OF POTENTIAL Message Board

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Strategies & Market Trends : BARNES- B : AN AEROSPACE GIANT THAT HAS A LOT OF POTENTIAL

B 32.84

-0.7%

2:31 PM EDT

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To: freeus who wrote (45)	5/26/1997 3:29:00 PM
From: Market Tracker	of 87

Hi freeus, I think Barnes still has some room to run. I'm guessing 30-35 by year-end. The company has just increased the dividend by 11% following the 3-for-1 split, and is in the process of buying back 1,500,000 common shares. Don't know how far along they are with the stock buy-back program, but I feel the market is in for an upside surprise in EPS by end of year. Co. is conservatively managed and sales levels and profit margins are improving, so over the next 1-2 years this one should work out OK. I will probably be reducing my holdings as the stock reaches the 30's, but will continue to hold a core position in Barnes for the next 2-4 years. All the best, Gary

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