Many of the secondary stocks making good...

Many of the secondary stocks making good moves in the past few weeks failed to hold them as the Dow Jones Industrial Average of blue chip stocks fell more than 100 points in the past week, according to Irving Katz, director of research for Thomas Green/San Diego Securities.

With profit-taking in vogue, Advanced Marketing Services fell $1.25, Synbiotics was down $1.50, Price Co. was down $2.25, Triton Group Ltd. was down $1 and Molecular Biosystems was down $.875. All of the stocks fell with no apparent news reason, Katz observed.

Henley Group was down $2 to $22.875 as it appeared to give up its fight for Santa Fe Southern Pacific. The drop came despite an announcement that Henley would split into two companies in order to enhance shareholder value, Katz said.

Cubic Corp. was down $1.125 as it agreed to pay $7.25 million to settle a civil suit growing out of Army fraud charges. Two of Cubic’s executives still face criminal charges.

Interest sensitive stocks continued to fall with San Diego Gas & Electric down $1.50, Great American First Savings Bank down $.50, and Home Federal Savings & Loan down $1.25. Bucking the tide was Imperial Corp., which managed to gain $1.125 for the week.

Energy Factors was down $.8125 to $7.875 as Sithe Energies extended its $8.25 tender offer to April 15. Sithe is still awaiting settlement of litigation generated by its buyout of Energy Factors.

On the upside, Mail Boxes Etc. gained $.75 to $12.75 after being featured in a New York Times article as being the largest operator of mail and packaging service centers. Also moving up nicely were PS Group, up $1.25 to $29.25, and Cipher Data, up $1.125 to $9.875.

Kaypro, which closed at $.625 bid, near its all-time low of $.5625, will offer its prognosis for the future during today’s 10 a.m. shareholder meeting at the Rancho Santa Fe Inn.