Watson General Cuts Losses in 3rd Quarter

Watson General Corp., a remote monitoring software company, said it lost $123,000, or 1 cent a share, for the third fiscal quarter, compared with a net loss of $509,000, or 7 cents a share, for the same period last year.

Sales for the quarter ended June 30 rose to $1 million from $371,000. For the first nine months of fiscal 1995, the company narrowed its net loss to $921,000, or 10 cents a share, from the year-earlier figure of $1.3 million, or 17 cents a share. Sales were up 75% to $2.1 million from $1.2 million.