INITIALS PLUS <IINC> SEES SHARP SALES INCREASE Initials Plus said it expects sales in the year ending January 31, 1988 to exceed 10 mln dlrs. The company had sales last year of 256,000 dlrs. Initials said it expects to turn profitable some time in 1988 and sees sales of 100 mln dlrs annually by the end of 1989. The company said it now has over 100 personal retailers marketing its products and expects to have more than 1,000 by the end of 1987.