Tandon Corp.: The Moorpark, Calif., personal computer...

Tandon Corp.: The Moorpark, Calif., personal computer company reported a third-quarter profit of $2.2 million, contrasted with a $12-million loss in the 1988 period. Revenue rose 46% to $83.8 million. The company credited the turnaround in part to efforts to reduce expenses and an increase in European sales, which were up 59%.