GULF APPLIED TECHNOLOGIES INC <GATS> 4TH QTR
Oper shr loss five cts vs loss 24 cts
    Oper net loss 165,000 vs loss 802,000
    Revs 4,988,000 vs 3,101,000
    Year
    Oper shr loss 13 cts vs loss 1.33 dlrs
    Oper net loss 454,000 vs loss 4,407,000
    Revs 23.1 mln vs 8,937,000
    NOTE: Results restated for discontinued operations.
    1986 net both periods excludes 143,000 dlr tax credit.
    Net excludes gains from discontinued pipelines and
terminals operations of 216,000 dlrs vs 99,000 dlrs in quarter
and 527,000 dlrs vs 296,000 dlrs in year.
 Reuter
