VORNADO INC <VNO> 4TH QTR JAN 31 NET
Oper shr 1.64 dlrs vs 84 cts
    Oper net 4,583,000 vs 2,869,000
    Revs 20.1 mln vs 19.0 mln
    Avg shrs 2,791,639 vs 3,432,746
    Year
    Oper shr 4.46 dlrs vs 3.20 dlrs
    Oper net 14.1 mln vs 10.9 mln
    Revs 74.6 mln vs 68.0 mln
    Avg shrs 3,154,665 vs 3,425,187
    NOTE: Operating net excludes gains of nothing vs 2,444,000
dlrs, or 72 cts a share, in quarter and 1,890,000 dlrs, or 60
cts a share, vs 9,3267,000 dlrs, or 2.72 dlrs a share, in year
from tax loss carryforwards
 Reuter
