Wall Street analysts say providing steady earnings growth for the long term is a major worry.

And without steady earnings from foreign subsidiaries, it may take companies considerably longer to overcome the slump.

It is expected to post steady earnings into 1994, but orders could fade if Washington further cuts Pentagon spending.

That decision was a boon to Volkswagen, which has since produced steady earnings while holding onto a third of the regional auto market.

Local telephone carriers, despite heavy regulation, are attractive investments because of their steady earnings.

Big option payoffs came only with rapid growth, not with steady earnings.

When Paramount was independent, the book business assured steady earnings to stabilize the more volatile movie and television operations.

Investors have done better with Procter & Gamble, which has had steady earnings over the last five years.

Mr. Harris expects the company's backlog to reach a record next year, with steady earnings growth at least through 1992.

Among other factors, he cited the "strong cash flow" and "steady earnings" of these companies.