With the Dow Jones creeping above the...

With the Dow Jones creeping above the 1,800 mark again Monday and with interest rates dropping on the expected cut in the Federal Reserve Board’s discount rate, a “window of opportunity” is presenting itself to companies trying to raise additional capital, according to Irving Katz, director of research at San Diego Securities.

Both Great American First Savings Bank and Home Federal Savings & Loan last week announced efforts to increase equity--Great American with a stock split and Home Federal with a subordinated convertible debenture offering.

Each stock climbed 1 3/4 for the week.

Rohr Industries stock jumped 2 3/4, rebounding from a 2-point drop the prior week.

San Diego Gas & Electric moved up 1 3/4, as several analysts made “buy” recommendations for the utility, Katz said.

Intermark hit a new high of 17 1/2, after adjusting for its recent 5-for-4 stock split and following the company’s announcement that it plans to purchase Rush Press of San Diego.

Beeba’s Creations dropped 2 1/2, after lower-than-expected earnings and the termination of its proposed acquisition of Segue Ltd.

Synbiotics rose 3 1/2, as investor enthusiasm for biotechnology stocks remains unabated. The company has an 800,000-share float, with most investors holding onto their original stock for long-term potential, said Katz.

Cipher Data dropped one-half, as its earnings, released Monday, showed quarter-to-quarter improvement but were substantially lagging in year-to-year performances.

Price Co. rose 3, despite management’s declarations that future sales and earnings will not increase at the same rate as in the past year.

The stock market chart on this page once again includes Christiana Cos., and, for the first time, lists Computer Communications Technology Corp., which recently relocated to San Diego.