	gelco gel sees flat pretax operating net gelco corp said that excluding the effects of a restructuring plan it expects pre tax operating ings for the year to end july to be about the same as those of last year for the year ended july gelco reported pre tax operating ings of mln dlrs or dlrs a share however final results will be affected by certain charges including legal and investment advisors fees preferred stock dividends and other costs of restructuring it said expenses associated with restructuring are expected to be offset by significant gains from the sale of some of gelco s business units it said the final outcome for the fiscal year will be determined by the timing and proceeds from the sale it added reuter 
