VERTEX INDUSTRIES INC <VETX> 2ND QTR JAN 31 NET Oper shr loss three cts vs loss four cts Oper loss 40,870 vs loss 39,827 Revs 584,855 vs 727,432 Six mths Oper shr loss two cts vs loss two cts Oper loss 24,311 vs loss 26,947 Revs 1,246,992 vs 1,497,251 NOTE: Current periods exclude net gain of 150,865 dlrs from termination of retirement plan for salaried employees. Also excludes gain of 83,100 dlrs from in current qtr and gain 90,400 dlrs in six mths from benefit of tax loss carryforwards. Company went public in September 1986.