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* MTI Technology Corp., an Anaheim provider of data storage products, reported a fiscal fourth-quarter net loss of $20.6 million, or 64 cents a share, contrasted with profit of $14.2 million, or 41 cents a share, for the same period last year. Revenue fell 44% to $34.2 million.

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* Biolase Technology Inc., a San Clemente maker of dental and surgical products, said its net loss for the first quarter narrowed to $772,405, or 4 cents a share, from $1 million, or 6 cents a share, a year ago. Sales more than doubled to a record $3.1 million from $1.5 million.

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