Advanced Logic Shares Go on Sale

Advanced Logic Research Inc., an Irvine personal computer maker, began selling stock to the public Wednesday with an initial offering of 3 million shares at $13 per share.

The stock, traded on the National Assn. of Securities Dealers Automated Quotation system, opened at $13 and reached a closing bid price of $15.25 and asking price of $15.50 on volume of more than 1.6 million shares.

The shares were offered through an underwriting syndicate co-managed by PaineWebber Inc. and Prudential-Bache Capital Funding. The company has granted the underwriters an option to purchase an additional 450,000 shares of common stock to cover over-allotments.