COOPER DEVELOPMENT CO &lt;BUGS> 1ST QTR JAN 31 NET

  Shr profit seven cts vs loss 16 cts
      Net profit 2,144,000 vs loss 4,110,000
      Sales 121.3 mln vs 20.3 mln
      Avg shrs 29.4 mln vs 25.3 mln
      NOTE: Current year net includes pretax gain on sale of
  product line of 11.4 mln dlrs and charge 4,711,000 dlrs posttax
  on expensing of a portion of unamorized debt issuance costs of
  unit.
      Current year results include Technicon Corp, acquired in
  August 1986.
  

