Technology Marketing Rebounds from ’84 Loss

Technology Marketing Inc. reported net income jumped to $33,129 for the fiscal year ended Feb. 28, compared to a $2.2-million loss the previous year. Revenues were ahead to $6.9 million, from $4.8 million.

The Irvine computer firm had increased foreign sales, primarily in Europe, said Edward Stoltenberg, vice president of sales, with business divided equally between computer hardware and software.

Reorganization Costs Push Micro D Into Red

Citing the cost of revamping its sales organization, Micro D Inc. reported a $77,000 loss for the first quarter, compared with a $545,000 profit a year earlier.

Revenues for the period ending March 31 were $24 million, a 19.5 % decline from the $29.8 million revenues recorded a year ago.

The loss was announced just days after the Santa Ana-based company said that it is holding merger discussions with First Software, Inc. of Lawrence, Mass, a move that could make Micro D the nation’s largest wholesaler of personal computer products.

Lorraine Mecca, Micro D’s founder and chief executive, said the loss would not have an impact on the merger talks. She attributed the decline to centralizing the company’s five sales branches across the country to its Santa Ana headquarters. “It’s (the loss) right in line with our earlier projections,” Mecca said.