Hi Shear Industries Inc Watch

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors 8/08/01 1,069,567- 3.1400 Gabelli International Ltd 8/08/01 19,000- 3.1400 Gabelli Associates Fund 8/08/01 18,840- 3.1400 7/02/01 500 2.5300 Gabelli Funds, LLC. Gabelli Small Cap Growth Fund 8/08/01 26,500- 3.1400 Gabelli Asset Fund 8/08/01 60,000- 3.1400 Gabelli Capital Asset Fund 8/08/01 7,500- 3.1400 Gabelli Abc Fund 8/08/01 152,000- 3.1400 (1) the Transactions on 8/8/01 Were in Connection With the Liquidation Described in Item 5 of This Amendment to Schedule 13d. All Other Transactions Were Effected on the NASDAQ National Market. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 11/24/99 2,000- *Do 11/01/99 200- *Do 11/01/99 400- *Do 11/01/99 200- *Do 10/25/99 4,000- 2.5313 (1) Unless Otherwise Indicated, All Transactions Were Effected on the NASDAQ National Market. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 12/29/97 6,000- 2.0000 12/10/97 2,500- 1.7500 12/09/97 10,000- 2.2188 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership. 28

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 6/13/97 60,000- 2.3750 6/05/97 10,500- 2.4375 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. 27

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 5/30/97 20,000- *Do 5/15/97 3,000- 2.5625 5/07/97 12,000- 2.7500 4/24/97 10,000- 2.5625 4/17/97 6,000- 2.4370 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership. 27

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 4/04/97 5,000- 2.4000 4/03/97 5,000- 2.3750 4/03/97 800- *Do 4/01/97 50,000- *Do 3/27/97 1,000- 2.4375 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership. 27

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 3/26/97 5,000- 2.4375 3/25/97 5,000- 2.3750 3/18/97 5,000- 2.4375 2/24/97 3,000- *Do 2/21/97 8,000- *Do 2/03/97 17,500- *Do 1/27/97 4,000- 2.3750 1/27/97 9,000- *Do (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership. 27

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 12/26/96 20,000- *Do 12/20/96 3,000- *Do 12/16/96 52,500- *Do (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership. Page 28 of 28

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 12/05/96 27,500- 2.5124 11/06/96 16,000- 2.6875 10/17/96 1,500- 2.5000 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. Page 28 of 28

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 7/11/96 5,500- 6.0000 7/09/96 29,000- 6.1250 6/28/96 2,000- 6.0938 5/30/96 5,600- 6.1250 5/23/96 10,000- 6.2500 5/17/96 7,000- *Do (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership. Page 27 of 27

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 5/13/96 1,000- 6.2500 5/13/96 80,000- *Do 5/09/96 3,000- 6.2500 5/03/96 800- 6.3750 4/26/96 2,500- 6.2500 4/25/96 3,000- 6.2500 4/24/96 5,500- 6.2523 4/22/96 3,000- 6.2500 4/17/96 8,000- 6.2500 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership. Page 28 of 28

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gabelli Funds, Inc. the Gabelli Asset Fund 3/18/96 8,000- 6.2311 Gamco Investors, Inc. 4/15/96 1,000- 6.5625 4/15/96 4,500- 6.6667 4/12/96 1,500- 6.2500 4/12/96 20,000- *Do 4/10/96 4,000- 6.2500 4/08/96 1,250- 6.3750 4/02/96 4,100- 6.2500 3/29/96 7,800 6.1250 3/29/96 7,800- 6.0444 3/28/96 11,300- 6.1250 3/28/96 3,200 6.1250 3/27/96 13,500- 6.2500 3/27/96 100 6.2500 3/26/96 200- 6.3750 3/25/96 200 6.2500 3/22/96 1,000- 6.2500 3/20/96 500- 6.2500 3/18/96 8,000- 6.2500 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership. Page 36 of 36

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 3/14/96 20,000- 6.2500 3/11/96 1,500- 6.2500 3/08/96 35,000- 6.1250 3/06/96 19,000- 6.0000 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. Page 31 of 31

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Mario J. Gabelli 1/22/96 4,000- 4.7500 1/16/96 2,000- 5.0000 1/15/96 3,750- 5.3250 Gabelli International Ltd 3/05/96 1,000- 6.0000 3/04/96 4,100- 7.0000 Gabelli Funds, Inc. the Gabelli Asset Fund 2/29/96 2,000- 6.1998 Gamco Investors, Inc. 3/06/96 19,000- 6.0000 3/04/96 14,000- 6.0000 3/01/96 5,000- 6.1250 2/29/96 5,000- 6.2500 2/27/96 5,000- 6.1250 2/23/96 2,000- 6.0625 2/21/96 7,000- 6.1607 2/07/96 1,250- 6.2500 2/07/96 1,000 6.3750 1/31/96 1,000 6.3750 1/29/96 1,000- 5.1250 1/29/96 1,500- 5.2500 1/26/96 1,000 *DI 1/23/96 2,000- *Do Gabelli Associates Ltd 2/05/96 8,000- 6.5000 1/31/96 4,000 5.5000 1/23/96 2,000 5.0000 Gabelli Associates Fund 1/25/96 3,000 5.0000 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership. Page 30 of 30

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gabelli International Ltd 11/10/95 12,000 7.0000 Gamco Investors, Inc. 1/03/96 4,000- 6.7188 1/02/96 2,000- 7.0625 12/27/95 1,000- 7.3750 12/27/95 2,000- 7.4375 12/26/95 2,000- 7.6250 12/22/95 2,050- 7.8750 12/15/95 7,000 7.0625 12/13/95 4,500- 6.7500 12/04/95 4,000 7.0000 11/30/95 3,000 7.0000 11/27/95 4,500 7.0000 11/24/95 5,000 7.0000 11/22/95 2,000 7.0000 11/21/95 3,000- 6.8750 11/21/95 1,000 7.0000 11/20/95 2,000 6.8750 11/20/95 5,000 7.0000 11/17/95 4,500 7.0000 11/16/95 3,100 6.8750 11/10/95 12,000- 7.0000 11/09/95 2,000- 7.0625 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. Page 30 of 30

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gabelli International Ltd 6/23/95 5,000 7.2500 6/21/95 3,700 7.0000 Gamco Investors, Inc. 8/08/95 2,700 7.6250 8/03/95 2,000- 7.7500 8/03/95 2,000 7.7500 8/02/95 2,000 7.7500 7/27/95 3,700 7.7500 7/25/95 3,000- 7.0000 7/24/95 800- 7.1250 7/24/95 500 7.0000 7/21/95 5,800 7.0000 7/19/95 5,300 7.0000 7/14/95 200- 7.2500 7/14/95 2,100 7.1250 7/13/95 1,000 7.1250 7/12/95 2,000 7.1250 7/11/95 3,000 7.2458 7/10/95 2,000- 7.5000 7/07/95 1,500 7.3750 6/30/95 2,000- 7.4375 6/26/95 3,500- 7.5536 6/23/95 9,100 7.1937 6/22/95 23,100 7.2273 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. Page 28 of 28

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gabelli International Ltd 6/20/95 3,000 7.0000 6/13/95 4,000 7.1250 Gabelli Funds, Inc. Gabelli Capital Asset Management 6/14/95 5,000 7.0000 Gamco Investors, Inc. 6/20/95 7,000 7.0714 6/20/95 2,000 7.1250 6/19/95 2,500 7.0000 6/16/95 5,000 7.0000 6/15/95 8,500 7.0000 6/14/95 2,000 7.0000 6/13/95 6,000- 7.1250 6/13/95 5,500 7.0000 6/13/95 5,000 7.1250 6/09/95 6,000- 7.3750 6/09/95 6,000 7.1250 6/09/95 6,000 7.3750 6/08/95 6,000- 7.3750 6/08/95 6,000 7.3750 6/06/95 6,700 6.5000 6/06/95 5,000 6.7500 6/06/95 5,500 6.8182 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. Page 28 of 28

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gabelli Funds, Inc. the Gabelli Asset Fund 6/05/95 2,000- 7.1500 6/05/95 1,000- 7.3750 the Gabelli Capital Asset Fund 6/05/95 1,000 7.3750 Gamco Investors, Inc. 6/05/95 2,000- 7.3750 6/05/95 10,000 7.1875 6/05/95 7,300 7.2500 6/02/95 12,700 7.3750 6/01/95 20,000 5.8375 6/01/95 2,500 6.4250 6/01/95 7,500 6.5000 6/01/95 5,000 6.8500 5/30/95 5,000 4.3750 5/24/95 1,500 4.2500 5/23/95 3,000- 4.2500 5/19/95 1,500 4.3750 5/17/95 3,500 4.3750 5/16/95 5,000 4.3750 5/09/95 3,500- 4.2857 5/08/95 20,000- *Do 5/01/95 1,250 4.1250 4/21/95 1,250- 4.0000 4/12/95 2,000- 4.2500 4/12/95 2,000 4.4153 4/11/95 3,000- 4.1250 4/10/95 2,000 4.2500 4/07/95 3,000 4.1250 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. (*) Results in Change of Dispositive Power and Beneficial Ownership of Gamco Investors, Inc. Page 27 of 27

from SC 13D/A 1 page Schedule II Information With Respect to Transactions Effected During the Past Sixty Days or Since the Most Recent Filing on Schedule 13d (1) Shares Purchased Average Date Sold(-) Price(2) Common Stock-Hi-Shear Industries Gamco Investors, Inc. 2/07/95 3,000 4.5000 2/01/95 1,500 4.5000 1/31/95 1,500 4.2500 1/25/95 1,500 4.1250 1/12/95 5,000 4.0000 1/12/95 1,000 4.1250 1/10/95 2,500 4.5000 1/05/95 7,500 4.1667 1/05/95 1,200 4.5000 1/04/95 1,000 4.0000 1/03/95 2,000 4.0000 12/29/94 1,175- 3.8750 12/28/94 3,000- 4.0000 12/27/94 3,000- 4.0000 12/19/94 1,400 4.6250 12/19/94 1,400- 4.6250 12/16/94 1,400- 4.6250 12/14/94 100- 4.5000 12/08/94 450- 4.7500 (1) Unless Otherwise Indicated, All Transactions Were Effected on the Ny Stock Exchange. (2) Price Excludes Commission. Page 27 of 27