Some of the smaller San Diego-based companies...
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Some of the smaller San Diego-based companies are making new highs, according to Irving Katz, director of research for San Diego Securities.
GTI hit a new high of 5 3/4 last week after reporting a profitable fourth quarter but a loss for the year, Katz said.
Molecular Biosystems, which announced several new products Monday, was up 1 3/4 to a new high of 7.
Stocks continuing to reach new highs were Precision Aerotech, up 2 to 10 3/8 and Xytronyx, up five-eighths to 14 7/8.
International Robomation was up 1 3/4 to 11 3/4, as it announced earnings of 6 cents for the quarter and 18 cents for the nine months, Katz said. The company recently sold 516,000 shares privately at $9.50 per share.
Great American First Savings Bank was up 1 1/8 to 23 3/4 and will present its story to the New York Society of Security Analysts on Wednesday.
Despite reporting a loss for its most recent quarter and year, International Totalizator was up an eighth of a point to 5, Katz said. The company that boasts of a $30-million backlog will make a presentation to the New York Society of Security Analysts on Friday.
SDG&E; was up half a point to 37 as it announced an increase in its quarterly dividend from 59 1/2 cents to 62 1/2 cents.
Intermark was up three-quarters to 14 after a favorable mention in Fortune magazine as a security selling at far less than its $21 value, Katz said.
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