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Show Page ten The National Enterprise , October 6, 1976 Interest in Micro Computer This was once Firm Purchased by Dynapac a tbrnacMoad gairlbag. SALT LAKE CITY Dynapac Inc. (OTC .375, .50) has entered into an agreement to purchase a beginning 35 percent ownership of Manage- ment Business Machines, computer to handle these functions than it does to purchase a completely separate unit. Dynapac is hopeful that the micro computer will smooth out the companys Inc., a privately owned corporation engaged in the development of based data handling systems. An r & d company until now , MBM has no sales yet, but projects Jack Margetts, chairman of Dynapac, wfe expect to do $5 million in the first year. Re-Financing Margetts said the initial data processing system line which Dynapac will assemble and produce in its plant will be PHILADELPHIA J. B. marketed to the hospital and Lippincott (OTC 5.00, 5.75), a nursing home pharmacies in publishing concern, has the U.S. under a vendor agreed in principle with a arrangement with a major major institutional lender and American drug wholesaler. with Girard Bank of PhilaThe first commercial model is delphia for a rearrangement of now scheduled for installation the company's $16 million of at a major university hospital, debt to Girard. he said, and the second operA Lippincott official said ating unit will be displayed at the $16 million w'as in the form a convention in December in of short-terborrowings Anaheim, Calif. under a $16.5 million credit The $55,000 micro comline with Girard. is to all handle The purpose of the rearputer designed the billing, inventory, and rangement, he said, was to associated operations of a convert the bulk of the shortpharmacy. Margetts said, It term line into longer term actually costs more to build financing. Lippincott said the software to put on a large institutional lender agreed to micro-process- IF erratic sales curve which is subject to seasonal sales of boats and heating equipment, and to the unpredictability of aerospace contract awards from the U.S. and international defense agencies. or t- B. Lippincott Juggles Debt - . For 15 years, the Clear Air Solid Waste Disposal System has been reducing garbage volume by 90, converting it to a valuable energy resource, and doing it more efficiently than any other system on the market today. with m buy a percent, $7 15-ye- ar million, 10.125 note from the company. Girard Bank agreed to make a $3.5 million term loan to Lippincott carrying an interest charge of 34 of a percentage point over the banks prime rate. Furthermore, Girard agreed to provide a $6 million short term credit line with an interest rate of 14 of a percentage point above the prime rate. During the first year, however, the interest rate on the first $2 million of borrow-ing- s under the line will be 34 of a percentage point over the - 5-ye- ar There never be a shortage of garbage, only a shortage of space to put it. As this problem becomes increasingly acute. Clear Air, Inc. will continue to pioneer the most efficient systems of solid waste disposal and materials recoveryrecycling with energy generation in the bargain. EPA standards? We exceed them all. Clear Air, Inc. .'..meeting the needs of the future. will IIef df, line. v. 37 Coact A Bcffalo. N.Y. 14216 prime rate. Corporate Earnings: A W P.O. Bom 111 Ocdcc. Utah 84402 A U P.O. Bom H LAKE i!v. XT'S ' W ' , t S' Erb Lumber Co. Revenues Net Income Earningsshare includes 13,400,000 641,000 (loss) .44 a gain from sale of land and buildings of $171,000 or .12 share. 10,300,000 290,000 .20 Full sized to compacts " -- lLlike.ct artprice roee uslwdierif rinSwnlf Mercffiies6i GHeyroie v ''? v .''.'j' !v-'- - , 52ip590 |