Pinnacle Micro Inc.: The Irvine provider of...

Pinnacle Micro Inc.: The Irvine provider of recordable CD technology and optical storage systems incurred a first quarter net loss of $4.1 million, or 39 cents a share, compared with a year-earlier net loss of $3.9 million, or 50 cents a share. Revenue declined 19% to $14.1 million from $17.4 million, reflecting a previously described change in product mix.