ORANGE COUNTY EARNINGS

Millennium Electronics Inc.: The Irvine computer company incurred a net loss of $1.5 million, or 19 cents a share, for the second quarter, compared with a net loss of $92,967, or 1 cent a share, for the same period a year ago. Revenue rose 19% to $8.8 million from $7.4 million. For the first half, the company reported a net loss of $2 million, or 25 cents a share, contrasted with net income of $231,714, or 4 cents a share, for the first six months of 1997. Revenue advanced 15% to $22.9 million from $20 million.