SPI PHARMACEUTICALS INC <SPIP> 1ST QTR OPER NET Qtr ended Feb 28 Oper shr 31 cts vs 14 cts Oper net 3,203,000 vs 1,357,000 Revs 13.0 mln vs 15.6 mln Note: Oper data does not include year ago extraordinary gain of 821,000 dlrs, or eight cts per shr.