HEAVYWEIGHT earnings are now flowing from Psion, the oddly named British company which produces lightweight electronic personal organisers and hand held mini computers. Results from the company this week show that the international success of its best selling Series 3 unit propelled pre tax profits last year to £11.6 million, a remarkable 77 per cent increase over the previous year. Psion has around 25 per cent of the world wide market for palm tops. Investors who backed Psion, recognising the sales potential and aesthetic appeal of low cost electronic gizmos, are sitting on a whopping capital appreciation. The value of Psion shares trebled in the last year, rising from 250p to their current peak of 1015p. Four years ago the shares could be purchased for under 100p.

Fortunate shareholders can also key in a 43 per cent increase in total dividend to 5p a share.