GUARDIAN TRUSTCO SEES MODEST 1987 OUTLOOK
  &lt;Guardian Trustco Inc>, earlier
  reporting a 198 pct increase in full year earnings per share,
  said the outlook for 1987 is more modest.
      The company said it has started a number of long-term
  growth projects which have a payback period exceeding one year.
  Guardian Trustco did not give a specific earnings forecast.
      The company earlier reported 1986 net profit rose to
  2,853,000 dlrs or 1.25 dlrs a share, from year-earlier
  1,579,000 dlrs or 42 cts a share.
  

