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Stocks B / Barringer Technologies
|Subject: Tech Top Execs Combine To Buy 93,000 Shares||Date: 1/8/1999 3:51 PM|
|Author: Newstraderz||Number: 472 of 483|
(NewsTraders.com) -- Three top executives of Barringer Technologies Inc. (BARR) combined to purchase 93,000 shares of Barringer common stock on Dec. 10, 1998, according to Form 4 filings released yesterday after market close.
Chairman and CEO Stanly Binder bought 50,000 shares at $8.38 each, lifting his stake in the company to 103,636 shares.
Kenneth Wood, the company's president and chief operating officer, acquired 23,000 shares for $8.38 a share. He currently holds 36,636 shares on a direct basis.
The company's vice president - finance, Richard Rosenfeld, purchased 20,000 shares at $8.38 per share, increasing his holdings to 29,036 shares.
Based in Warren, N.J., Barringer is engaged in the design, development, manufacture and sale of high sensitivity equipment used for detecting trace amounts of plastic and other explosives and illegal drugs.
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