newsbytes@clarinet.com (01/14/90)
BRUSSELS, BELGIUM, 1990 JAN 13 (NB) -- The Dow Jones Industrial Average (DJIA) dipped heavily during the week, falling by more than 75 points on Friday, January 12. Computer and technology companies, as ever, led the downward tumble in share prices. Amongst the most notable were: [] Computer Research reported a loss of $51,151 for its first quarter ended 30 November, 1989. Revenues for the quarter were $2,647,881 - a drop of 22 percent on the same period last year. The company, which trades in the OTC market under the CORE symbol, provides computerized back-office accounting services for more than 90 securities brokers and dealers in the US. [] Independent Telecommunications Network has filed with the US securities and exchange commission (SEC) to offer 4.5 million shares. The company, which produces systems which operate and manage independent signalling networks and facilities for telephone companies, is based in Olympia, Washington. [] Ferranti Semiconductor reported a loss of $25.56 million for the latest period. The company blamed a shrinking order book, along with financial problems with its take-over of ISC last year. (Peter Vekinis/19900113)