MANAGEMENT SCIENCE AMERICA INC <MSAI.O> 1ST QTR Shr loss 29 cts vs loss two cts Net loss 5,168,000 vs loss 410,000 Revs 46.5 mln vs 29.4 mln Avg shrs 17.6 mln vs 17.1 mln NOTE: Net includes tax credits of 3,938,000 dlrs vs 394,000 dlrs.