To: Piotr Koziol who wrote (4317 ) 12/13/1997 5:49:00 PM From: Jenna Respond to of 120523
BEAV is a pure earnings plays that may be good for 1-2 points in next 1-2 trading sessions. I got in on Friday and might stay in overnight depending on it's performance Monday. For this reason BEAV is on my watch list. As to it being right for an intermediate or long term hold, I would wait until AFTER earnings come out since it's technical picture leaves a lot to be desired. BEAV is projected to report a good quarter with earnings having accelerating steadily in the past 4 quarters and BEAV has surprise the street in the 4 of the last 4 quarters. It's percent increase is projected to place BEAV in the best 4% of all stocks and the volume ratio in last 3 days has been very high compared with it's 30 day average. It has has a recent upgrade and it is not likely for this stock to be downgraded. EPS %Change Last Qtr 218.1 95 Rel Performance 1 Dy 104.2 96 Rel Performance 2 Dy 101.2 91 Proj EPS 1 Mth Change CFY 0.6 85 EPS Rank 93.0 88 EPS Surprise Pos Last4 4.0 96 B/E Aerospace Clarifies Certain Matters Regarding B/E's New British Airways Seating Order Initially Valued At $40 Million Business Wire - October 30, 1997 07:02 B E-AEROSPACE BEAV %FLORIDA %AEROSPACE %DEFENSE V%BW P%BW WELLINGTON, Fla.--(BUSINESS WIRE)--Oct. 30, 1997--B/E Aerospace Inc. (Nasdaq-NMS: BEAV) announced today a clarification of certain matters regarding its recent British Airways (BA) seating order. On Oct. 27, 1997, B/E announced that it had been selected to provide main cabin seating for 100 percent of BA's fleets of Boeing 777 and 747 aircraft as part of a major program being undertaken by British Airways. The company has received numerous inquiries regarding an Oct. 15, 1997, press release by Simula Inc. in which Simula indicated that it had received an order from British Airways for three shipsets of main cabin seats for B777 aircraft. B/E is confirming herein that B/E has indeed been selected to provide 100 percent of both the BA "Club World Cradle" seat and 100 percent of the main cabin World Traveler seats in 100 percent of BA's fleets of Boeing 777 and 747 aircraft. In addition, B/E is the sole provider of Variable Geometry Seats for BA's B767 fleet and its short-haul narrowbody fleet. As previously reported, the program is initially valued at $40 million and is expected to become substantially larger over time. Upon the completion of the BA seating programs, B/E will have an installed base of well over 60,000 passenger seats in the BA fleet. B/E Aerospace Inc. designs, manufacturers, sells and services a broad line of commercial aircraft cabin interior products, including seating products, passenger entertainment and service systems, and a complete line of food and beverage preparation and storage equipment. B/E Aerospace is the world's leading supplier of cabin interior products and services, serving virtually all the world's airlines. This press release contains forward-looking statements that involve risks and uncertainties that may cause the company's actual experience to differ materially from that anticipated. Factors that might cause such a difference include, but are not limited to, those discussed in the company's filings with the Securities and Exchange Commission, including its most recent Form 10-Q proxy statement and Form 10-K, and in "Risk Factors" in the Form S-3 dated December 12, 1996 relating to the company's recent common stock offering, as well as future events that have the effect of reducing the company's available cash balances, such as unexpected operating losses or delays in the integration of the company's seating business or the delivery of the MDDS interactive video system or capital expenditures or cash
expenditures related to possible future acquisitions. CONTACT: Jay Jacobson, Financial Relations 914/722-2737