GOULD &lt;GLD> COMPLETES SALE OF DIVISION

  Gould Inc said it has
  completed the sale of its Systems and Simulations Division to
  the unit's management for an undisclosed price.
      Gould said the move is part of its plan to divest its
  defense systems businesses and focus on its computer and
  electronics sectors.
      Gould added that it accounted for the division as a
  discontinued operation.
  

