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Technology Stocks : BE Aerospace (BEAV) Breakout
BEAV 64.470.0%Apr 21 5:00 PM EST

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To: Rich Powers who wrote (100)7/22/1998 11:40:00 AM
From: M Allen  Read Replies (1) of 210
 
Rich,

I am also looking for a return to the $35 range. With the entire after-market segment of the industry remaining strong and with BE's continued growth both internally and through acquisitions, I expect it to be able to break through that resistance level. I plan on selling 1/2 of my position at about $34 as a hedge though.

Do you follow Fields Aircraft (FASI) at all? They are a manufacturer and distributor of Cabin Interior Parts. They did less than $6 million in 1996, $12 million in 1997 and just projected $25 million for this year. All that growth, but no movement in their stock yet.

Best to you
Mike
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