Standard Logic Inc.: The Anaheim electronics manufacturer...

Standard Logic Inc.: The Anaheim electronics manufacturer lost $238,861 for fiscal 1989, contrasted with a year-earlier loss of $915,503. Revenue for the year ended Oct. 31 declined 20%, to $1.9 million from $2.4 million. Wes Baumgardner, president and chairman, said that although the company was profitable for the last seven months of the fiscal year, “the losses of the first five months of fiscal year 1989 were too great to overcome.”