SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : BARNES- B : AN AEROSPACE GIANT THAT HAS A LOT OF POTENTIAL
B 33.08+3.2%Oct 30 3:59 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Market Tracker who wrote (53)7/1/1997 6:15:00 PM
From: Market Tracker   of 87
 
Barnes 7/1/97 Closed at 29
I sold 60% of my holdings in Barnes today at 29 9/16, and the remaining 40% will be put into my "Core Holdings Portfolio" which is comprised of fundamentally sound companies which I plan to hold for the next 12 + months - regardless of where the general averages go.
I expect Barnes will earn $2.00+ for their F.Y. ending 12/31/97 on sales in excess of $ 620. Mil. The company should report $2.40 for fy 98. I further expect Barnes to enter a trading range of between 26 -34 over the balance of the year, although the company continues to grow better than 15+ for the foreseeable future.
Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext