MAGNETIC TECHNOLOGIES <MTCC> SEES IMPROVEMENT
Magnetic Technologies Corp said
it expects the second half to show continued growth in earnings
and sales.
    The company today reported a profit for the first half
ended January 31 of 105,013 dlrs, compared with a year-earlier
loss of 745,641 dlrs, on sales of 3,661,565 dlrs, up from
2,810,132 dlrs.  In all of last year, Magnetic earned 996,000
dlrs after a loss from discontinued operations of 359,000 dlrs,
on sales of 6,084,000 dlrs.
 Reuter
