COLT INDUSTRIES INC <COT> 1ST QTR NET Shr 28 cts vs 16 cts Net 9,387,000 vs 25,617,000 Revs 410.1 mln vs 393.5 mln Avg shrs 35.4 mln vs 164.7 mln NOTE: 1987 net reflects interest expense on debt incurred to finance recapitalization in Oct. 1986. Prior year earnings restated to reflect recapitalization plan.