	westinghouse wx sees higher ings growth westinghouse electric corp said ings per share growth will exceed sales growth and will be in the double digit range through in the company ed dlrs a share on revenues of billion dlrs speaking at a meeting for securities analysts douglas danforth westinghouse s chairman said the company s sales growth target is about pct a year for and given an economic environment that remains on a moderate growth course he also said the company will make acquisitions but he did not specify particular targets paul e lego senior executive vice president told the analysts our plans do not call for a multibillion dlr acquisition even though our balance sheet can handle one despite this disclaimer if we identify a major acquisition that has significnt value creating for westinghouse we will consider it he said the company would consider an acquisition candidate that is in an area compatable with westinghouse s primiary businesses danforth said the corportation was focused in several key areas including defense electronics financial services broadcasting electrical products and services for construction and industrial and utility markets danforth added that he expects westinghouse s sales to grow faster than the markets the corportation serves and surely faster than gnp he said ings per share growth is expected to consistently exceed the standard and poor s index and return on equity will remain in the to pct range leo w yochum senior executive vice president for finance told the analysts we will consider buying back stock but there are no current plans for such a buyback yochum said that at the company s current level of ings it could comfortably maintain higher debt levels and that westinghouse will use its debt capacity to improve shareholder value last year westinghouse established a mln dlrs restructuring reserve to be used for plant consolodation assett writedowns and other items yochum said the company spent mln dlrs of that reserve in and will spend mln dlrs of the reserves in the balance will be used in he also said capital expenditures should be about mln dlrs in reuter 
