VORNADO INC <VNO> 4TH QTR JAN 31 NET
  Oper shr 1.64 dlrs vs 84 cts
      Oper net 4,583,000 vs 2,869,000
      Revs 20.1 mln vs 19.0 mln
      Avg shrs 2,791,639 vs 3,432,746
      Year
      Oper shr 4.46 dlrs vs 3.20 dlrs
      Oper net 14.1 mln vs 10.9 mln
      Revs 74.6 mln vs 68.0 mln
      Avg shrs 3,154,665 vs 3,425,187
      NOTE: Operating net excludes gains of nothing vs 2,444,000
  dlrs, or 72 cts a share, in quarter and 1,890,000 dlrs, or 60
  cts a share, vs 9,3267,000 dlrs, or 2.72 dlrs a share, in year
  from tax loss carryforwards