BAY FINANCIAL CORP <BAY> 3RD QTR FEB 28
Shr loss 1.34 dlrs vs profit two cts
    Net loss 4.5 mln vs profit 46,000
    Revs 7.6 mln vs 8.9 mln
    Nine months
    Shr loss 1.41 dlrs vs loss two cts
    Net loss 4.7 mln vs loss 76,000
    Revs 30.2 mln vs 23.8 mln
    NOTE:1986 includes gain on disposition of investments of
2,454 dlrs in 3rd qtr and 5,306 dlrs in nine months
respectively. 1987 includes gain on disposition of investments
of five dlrs in 3nd qtr and 7,052 dlrs in nine months.
 Reuter
