9 13 Elco Elco NNP 14 24 Industries Industry NNPS 25 29 Inc. Inc. NNP 30 34 said say VBD 35 37 it it PRP 38 45 expects expect VBZ 46 49 net net JJ 50 56 income income NN 57 59 in in IN 60 63 the the DT 64 68 year year NN 69 75 ending end VBG 76 80 June June NNP 81 83 30 30 CD 83 84 , , , 85 89 1990 1990 CD 89 90 , , , 91 93 to to TO 94 98 fall fall VB 99 104 below below IN 105 106 a a DT 107 113 recent recent JJ 114 121 analyst analyst NN 121 123 ’s 's POS 124 132 estimate estimate NN 133 135 of of IN 136 137 $ $ $ 137 141 1.65 1.65 CD 142 143 a a DT 144 149 share share NN 149 150 . . . 153 156 The the DT 157 165 Rockford Rockford NNP 165 166 , , , 167 171 Ill. Ill. NNP 171 172 , , , 173 178 maker maker NN 179 181 of of IN 182 191 fasteners fastener NNS 192 196 also also RB 197 201 said say VBD 202 204 it it PRP 205 212 expects expect VBZ 213 215 to to TO 216 220 post post VB 221 226 sales sale NNS 227 229 in in IN 230 233 the the DT 234 241 current current JJ 242 248 fiscal fiscal JJ 249 253 year year NN 254 258 that that WDT 259 262 are be VBP 263 264 “ `` `` 264 272 slightly slightly RB 273 278 above above JJ 278 279 ” '' '' 280 286 fiscal fiscal JJ 287 291 1989 1989 CD 292 297 sales sale NNS 298 300 of of IN 301 302 $ $ $ 302 305 155 155 CD 306 313 million million CD 313 314 . . . 315 318 The the DT 319 326 company company NN 327 331 said say VBD 332 335 its its PRP$ 336 346 industrial industrial JJ 347 351 unit unit NN 352 361 continues continue VBZ 362 364 to to TO 365 369 face face VB 370 376 margin margin NN 377 386 pressures pressure NNS 387 390 and and CC 391 396 lower low JJR 397 403 demand demand NN 403 404 . . . 407 409 In in IN 410 416 fiscal fiscal JJ 417 421 1989 1989 CD 421 422 , , , 423 427 Elco Elco NNP 428 434 earned earn VBD 435 436 $ $ $ 436 439 7.8 7.8 CD 440 447 million million CD 447 448 , , , 449 451 or or CC 452 453 $ $ $ 453 457 1.65 1.65 CD 458 459 a a DT 460 465 share share NN 465 466 . . . 467 470 The the DT 471 478 company company NN 478 480 ’s 's POS 481 486 stock stock NN 487 491 fell fall VBD 492 493 $ $ $ 493 498 1.125 1.125 CD 499 501 to to TO 502 503 $ $ $ 503 509 13.625 13.625 CD 510 512 in in IN 513 529 over-the-counter over-the-counter JJ 530 537 trading trading NN 538 547 yesterday yesterday NN 547 548 . . .