BEARINGS INC <BER> 1ST QTR NET Sept 30 end Primary 76 cts vs 51 cts Diluted shr 70 cts vs 49 cts Net 2,802,000 vs 2,030,000 Revs 124.9 mln vs 117.2 mln Primary avg shrs 3,687,000 vs 4,016,000 Diluted avg shrs 4,786,000 vs 5,101,000