John G. and Janice E. Parker - Page 3




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          he worked for the next 33 years.  Petitioner also became a                  
          licensed airplane mechanic.                                                 
               Beginning in 1967, petitioner also became engaged in an                
          activity that, over the course of the next 34 years, involved the           
          building, improving, and flying of four small airplanes that                
          petitioner owned (airplane activity), three of which petitioner             
          built from kits.  When not flying for American, petitioner                  
          personally would spend many hours each week working on his                  
          airplanes, seeking to improve their mechanical operation and                
          flight speed.                                                               
               Over the years, including 1994, 1995, and 1996, petitioner             
          entered his airplanes in a number of air shows and air races.               
          Flight logs relating to petitioner’s airplanes for 1994, 1995,              
          and 1996 reflect that petitioner won either first or second place           
          in five air races.  In 1977, petitioner won a national                      
          championship race for the class relating to one of his airplanes.           
          Only petitioner flew his airplanes in the above air shows and air           
          races.                                                                      
               In 1994, petitioner installed in one of his airplanes a                
          direct ignition system that he had developed.  Petitioner hoped             
          that his direct ignition system could replace standard magnetos             
          typically used in airplanes.  Petitioner thought that such a                
          direct ignition system might improve the speed of airplanes.                








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