HI-SHEAR INDUSTRIES INC &lt;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.
  

