PIEDMONT MANAGEMENT CO INC &lt;PMAN> 4TH QTR

  Shr 70 cts vs 4.91 dlrs
      Net 3.7 mln vs 26.3 mln
      Year
      Shr 1.99 dlrs vs 3.35 dlrs
      Net 10.7 mln vs 18.0 mln
      NOTE:1986 year, 4th qtr include capital gains of 3.5 mln
  dlrs and 1.1 mln dlrs, respectively and extraordinary gain of
  3.4 mln dlrs and 1.2 mln dlrs respectively. 1985 year and 4th
  qtr include capital gains of 24.0 mln dlrs and 23.3 mln dlrs
  respectively and extraordinary gain of 3.9 mln dlrs.
  

