Consolidated Statements of Operations
For the years ended December 31, 1995, 1994, and 1993

(In thousands of dollars, except per share data)            1995          1994          1993
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Revenues                                               $ 133,967     $ 136,206     $ 149,414
Costs and expenses:
   Cost of revenues                                      102,231        99,921       134,574
   Selling, general and administrative expense            23,538        22,511        27,230
   Research and development expense                        5,904         5,339         2,257
   Restructuring and other (income) expense, net           6,249        (1,200)           --
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   Total costs and expenses                              137,922       126,571       164,061
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Operating profit (loss)                                   (3,955)        9,635       (14,647)
Interest expense                                          (1,154)         (923)       (1,590)
Interest income                                               95           291            84
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Income (loss) before income taxes and cumulative 
   effect of change in accounting                         (5,014)        9,003       (16,153)
Income tax provision (benefit)                            (1,207)        3,050        (6,547)
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Net income (loss) before cumulative effect of 
   change in accounting                                   (3,807)        5,953        (9,606)
Cumulative effect as of January 1, 1993, 
   of change in accounting for income taxes                  --             --         1,700 
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Net income (loss)                                         (3,807)        5,953        (7,906)
Dividend requirement on preferred stock                     (695)         (695)         (695)
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Net income (loss) applicable to common stock          $   (4,502)    $   5,258    $   (8,601) 
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Per Average Common Share:
   Income (loss) before cumulative effect of
      change in accounting                            $     (.33)    $     .40    $     (.87)
   Cumulative effect of change in accounting for 
      income taxes                                            --            --           .14
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   Net income (loss)                                  $     (.33)    $     .40    $     (.73)
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