HI-SHEAR INDUSTRIES INC <HSI> 3RD QTR FEB 28 NET
Oper shr 28 cts vs 33 cts
    Oper net 1,647,000 vs 1,910,000
    Revs 19.7 mln vs 17.5 mln
    Nine mths
    Oper shr 82 cts vs 84 cts
    Oper net 4,787,000 vs 8,748,000
    Revs 55.9 mln vs 53.0 mln
    NOTE: Prior year net excludes tax credits of 29,000 dlrs in
quarter and 1,761,000 dlrs in nine mths.
    Prior nine mths net includes gain from sale of real estate
of 3,820,000 dlrs.
 Reuter
