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Comments for VARI

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sarah z	Varian Inc. said recently that it established a program to buy back up to $100 million of its stock. The scientific instruments maker bought back 1.7 million shares under a $100 million stock repurchase program authorized in January 2007. The company has now replenished the program with $100 million in new authorizations through the end of 2009. Varian said because of its strong balance sheet it can buy back stock and continue buying other companies that complement its existing line of products. The stock trades for 11x cash flow.	Love	February 20, 2008