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 32.05

+0.6%

3:59 PM EDT

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To: Market Tracker who wrote (64)	1/3/1998 9:55:00 PM
From: Carmine Cammarosano	Read Replies (1) of 87

Hi, I also noticed he is shorting TKC, which also supplies equipment for the aerospace/defense industry...it is a real mystery to me why he would short this stock, now that it has come off of its high by more than 10%...earnings have not been revised down and their 1998 FY is going to come in at $5.84 and FY'99 is expectated to come in at $6.29(yes, this is a slower growth rate than the prior year,but the company has beaten earnings estimates for 4 quarter in a row)...this means that TKC is trading at 12 times next year's earnings, that is not a high multiple for TKC...I do not get it!

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