The stock market meandered through another week...

The stock market meandered through another week with little movement except for those companies involved in mergers or acquisitions, according to Irving Katz, director of research for Thomas Green/San Diego Securities.

Because no San Diego companies appeared to be in that category, only minimal changes in their stock prices occurred, Katz said.

The star performer of the week was Intermark, which gained $1.50 to $13.125 after its president, Charles R. Scott, made a Thursday presentation before the New York Analysts Society. Scott told that group that the value of Intermark’s partner companies would be more than $18 a share if the company paid off its debts.

Concurrently, Triton Group Ltd., which is 41% owned by Intermark, gained $1.125, to $15.375. After Triton’s sale of its Continental Graphics subsidiary, the company will have $27 in cash per share. After eliminating its $12 a share in debt, the stock is trading at its net cash per share. Triton has options to increase its ownership stake in Triton to 53%.

This valuation does not include Intermark’s National Airmotive and Western Metal Lathe divisions, which would add about $7.50 a share.

New highs were made by Pancretec, which for the fiscal year ended June 30 showed an increase of 107% in revenue and earnings of $.13, including a special credit of $.11 against a loss of $.48 last year.

Monitor Technologies similarly made a new high despite a lack of a news announcement, Katz said.

Imperial Corp. of America had a block trade of 1.3 million shares at $10.50 on Monday as MDC Holdings sold its entire position. The stock closed at $11.

The big loser of the week was Fisher Scientific Group, which dropped $2.75, to $17.