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22Oct92 UK: BARCOM REELS FROM PITS BLOW.

Shares in Barcom, whose plant hire subsidiary NPT shifts coal at power stations and collieries, dropped 20 per cent last week on news of the massive pit closure programme.The shares fell 19p to 71p over the two days of the announcement and, despite industry secretary Michael Heseltine's statements to the House of Commons, fell a further 1p on Monday.Chief executive Brian Thompson said: 'When we made the acquisition of NPT we were always aware of the closure of pits, but I have to admit ...

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