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                          PART I FINANCIAL INFORMATION
 

ITEM 1. FINANCIAL STATEMENTS
 
  Zapata Corporation
 

<TABLE>
<S>                                                                          <C>
  Condensed Consolidated Balance Sheet .....................................   3
  Condensed Consolidated Income Statement ..................................   4
  Divisional Revenues and Operating Results ................................   5
  Condensed Consolidated Statement of Cash Flows ...........................   6
  Notes to Financial Statements ............................................   7
</TABLE>

 
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