LAMSON AND SESSIONS CO &lt;LMS> 4TH QTR LOSS

  Oper shr loss 26 cts vs profit five cts
      Oper net loss 1,506,000 vs profit 312,000
      Revs 42 mln vs 27.9 mln
      Year
      Oper shr loss 43 cts vs profit 16 cts
      Oper net loss 2,535,000 vs profit 1,236,000
      Revs 129.9 mln vs 120.3 mln
      NOTE: Excludes discontinued operations loss 1.42 dlrs a
  share versus loss nine cts in the quarter, and loss 1.62 dlrs a
  share versus loss 12 cts in the year.
      Also excludes extraordinary loss of six cts a share in the
  fourth quarter 1985, and gain of 1.81 dlrs a share in full year
  1985.
      Also excludes 1986 full year gain of 80 cts per share from
  accounting change.
  

