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The stock market ended the quarter up...

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The stock market ended the quarter up 5.8%, according to the Dow Jones Industrial Average, up 6.2% on the Standard & Poor’s 500, and 6.6% on the NASDAQ composite, according to Irving Katz, director of research for Thomas Green/San Diego Securities.

Some San Diego stocks turned in a much better performance than the averages, Katz said. General Microelectronics doubled and Humphrey was ahead 61.5% as it reported a profitable 1988 and its largest backlog ever. Pancretec gained 58.9% on the news that Abbott Laboratories would buy its stock at $15.

BSD Bancorp gained 51.6% as investors continue to look at the small regional banks that are expected to be takeover candidates in 1991 when out-of-state banks enter the market. First National Corp., for example, was ahead 35%, and La Jolla Bancorp was up 17.5%.

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Christiana Co. was ahead 41% as two directors increased their holdings to 63.5%. Southwest Bancorp was ahead 41.9% on its announced acquisition by Security Pacific. DH Technology moved ahead 40% as it continued to report excellent earnings.

Molecular Biosystems gained 26.6% as it announced lucrative licensing agreements for its ultrasound imaging agent, Katz said. Home Federal Savings & Loan, which showed excellent 1988 earnings and is being widely recommended by industry analysts, gained 25.1%, Katz said.

Hardly moving at all were Price Co., down 4%, and San Diego Gas & Electric, down 2.3%.

Strongly on the down side were Syntro, down 50% and Imperial Corp. of America, down 30.1% after reporting poor earnings.

The past week saw new highs in Christiana and PS Group. PS Group appears to be in some sort of liquidation mode. New highs also were reported by BSD Bancorp and First National Corp. WD-40 gained $1.25 as it announced an extra dividend of $.30 in addition to its normal $.40 quarterly dividend.

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