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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Jon Tara who wrote (473)	8/21/1998 11:14:00 AM
From: Jon Tara	Read Replies (2) \| Respond to of 7247

I've done a bit of catching-up on BARR, and it looks pretty good to me for a position trade. Barringer Technologies makes "sniffers" that look for explosives and drugs. They have a solid history of revenue and earnings growth. However, they recently suffered a setback due to delayed orders from the FAA. The company has stated that they expect these orders to be shipped in the second half of this year. Of the stocks in this sector, BARR appears to have the best fundamentals. Their history is much less spotty than the others. While all of the stocks in this sector have low P/Es, (typically below 10) BARR's is particularly attractive.