GELCO CORP <GEL> 2ND QTR JAN 31 NET
Shr 67 cts vs 23 cts
    Net 5,220,000 vs 3,143,000
    Revs 236.1 mln vs 256.2 mln
    Avg shrs 7.8 mln vs 13.7 mln
    Six Mths
    Shr 85 cts vs 59 cs
    Net 8,919,000 vs 8,158,000
    Revs 483.8 mln vs 515.5 mln
    Avg shrs 10.4 mln vs 13.7 mln
    NOTE: Fiscal 1987 second quarter and first half earnings
include a gain of 3.4 mln dlrs and exclude preferred dividend
requirements of five mln dlrs in the quarter and 5.6 mln dlrs
in the first half.
    Fiscal 1986 net reduced by currency losses equal to six cts
a share in the second quarter and equal to nine cts in the six
months.
   
 Reuter
