Optelecom Inc.Ticker Symbol -- OPTCYesterday's Cls 10 3/4...

EARNINGS

May 19, 1993

Optelecom Inc.

Ticker Symbol -- OPTC

Yesterday's Cls 10 3/4 Chg. + 1/2

Period ended

March 31 ... ... ... ... 1st qtr ... ... ... Year ago ... ... ... Chg.

Revenue ... ... ... ... $1,766 .. .. .. ... $1,237 .. .. .. ... +42.8%

Net Income .. .. .. ... $104* ... ... ... .. $35 ... ... .. ... +197.1%

Primary EPS .. .. .. .. $0.09 .. .. .. .. .. $0.03 ... .. .. .. +200.0%

* Includes $30,000, or 3 cents a share, gain because of change in accounting rules.

Figures in thousands (except per share data.)

Allied Research Corp

Ticker Symbol -- ALR

Yesterday's Cls. 13 3/4 Chg. - 1/2

Period ended

March 31 ... ... ... ... 1st qtr ... ... ... Year ago ... ... ... Chg.

Revenue ... ... ... ... $38,975 ... ... .. .. $56,689 .. .. .. .. -31.2%

Net Income ... .. .. .. $3,372 ... ... ... .. $5,307 ... .. .. .. -36.5%

Primary EPS .. .. .. .. $0.73 ... ... ... ... $1.18 ... ... .. .. -38.1%

Figures in thousands (except per share data.)

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