Control Data reported third-quarter earnings of $6.8...

Control Data reported third-quarter earnings of $6.8 million, compared to a $9.3-million loss for the year-ago period. The Minneapolis-based computer maker said the results include a $45.4-million gain on the sale of one-third of its stock holdings in Commercial Credit, a reserve of $36.5 million established to cover its FSD II disk-drive component replacement program and a valuation reserve of $8.4 million for CYBER 205 supercomputers remaining in inventory.