PRECISION AEROTECH INC <PAR> 3RD QTR JAN 31 NET Oper shr 16 cts vs two cts Oper net 467,000 vs 52,000 Sales 8,954,000 vs 6,338,000 Avg shrs 2,939,459 vs 1,979,916 Nine mths Oper shr 45 cts vs 18 cts Oper net 1,068,000 vs 387,000 Sales 24.5 mln vs 19.6 mln Avg shrs 2,299,764 vs 1,979,916 NOTE: Current year net both periods excludes 176,000 dlr gain from retirement of notes. Backlog 30.8 mln vs 26.7 mln at start of fiscal year.