TOP 10 AMERICAN EXCHANGE LOSERS

List includes only common stocks and reflects stock splits and dividends. Not included are stocks whose 1988 closing price was below $2.

Close ($) Yr. to date Stock Dec. 30, ’88 % change Flanigan’s Enterp. 2.00 -61.0 Joule’s Inc. 2.75 -60.0 ElectroSound Group 3.00 -57.9 Manufactured Homes 6.25 -57.6 Geothermal Resources 4.125 -56.0 Granges Exploration 2.9375 -55.7 Belden & Blake Energy 2.25 -55.0 Energy Dvlp. Partners 3.00 -54.7 ABM Gold 3.25 -51.9 Friedman Industries 5.375 -50.6

Stock Line of business Flanigan’s Enterp. Liquor stores, cocktail lounges Joule’s Inc. Office and engineering temporary help ElectroSound Group Record pressing, audio equipment Manufactured Homes New and used mobile homes Geothermal Resources Geothermal energy Granges Exploration Mineral exploration Belden & Blake Energy Oil and gas exploration and production Energy Dvlp. Partners Oil and gas exploration and production ABM Gold Gold exploration, dvlp. Friedman Industries Steel processing

Source: Associated Press