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Show Page ten The National Enterprise , January 5, 1977 Corporate Earnings Dunkin' Donuts HUece DneDpoDKo ADQDeFiiGas saue eraeFgjy This countrys energy products are in short supply. That's why we need to conserve them in every way possible. Insulation of petroleum storage and transport facilities is one way. Energy products need to be protected from heat loss andor gain to prevent them from diminishing. We insulate natural gas storage tanks to help conserve this fuel, so vital to all of us. We also insulate oil pipe lines to help prevent BTU loss. This way we help save these precious fuels. Incidentally, insulation of pipe lines and storage facilities make them safer. One other thing. You may not think of oil freezing, but in the North Sea where temperatures reach 50 F it will do just that. That's why we have insulated instruments for this newly developing oil program. There are many ways to save energy. Insulation is one of them, and that's the business we're in. Logicon Awarded Contracts Totaling Over $3.2 Million In a scries of releases last week, Logicon, Inc. (OTC 5.25, 6.00) announced contracts totaling over $3.2 million. LOS ANGELES for contract $2,279,551 was received from the Air Force Systems Command's Aeronautical A Systems Division to continue its work as Software Support Services Contractor on the Bstrategic bomber program. The award covers services to be provided during the governments fiscal year 1977. Logicon has been an Air Force prime contractor on the B 1 program since -l -- 1973. Logicon also received a $499,000 contract from the U.S. Department of Commerce to provide digital video integratorprocessor systems to the National Weather Service. Work under the contract will be performed by Logi-con- s Process Systems Division in Fairfax, VA. In a third announcement, Logicon said it received two contracts from the Federal Aviation Administration totalling $480,000 to conduct analyses of the FAAs en route air traffic control system. The larger contract involves a study of the systems response time to discover existing or potential bottlenecks in the processing of data under vaiying load conditions. The FAA maintains 20 centers in the U.S. for en route air traffic control. Logicon personnel will monitor operations at three of these centers in its study. The second contract involves a study of computer memory storage requirements at the 20 control centers as a first step in establishment of new guide- - lines. The contract will performed by Logicon s SALT LAKE HOUSTON be Stra- tegic and Information Systems Division, headquar- tered in Los Angeles. Personnel will also be stationed at the National Aviation Facility Experimental Center in Atlantic City, N.J. WECO Development to Redeem Bonds DENVER Colo. WECO Development Corporation (OTC 3.625, 3.875) has announced a tender offer for certain corporate bonds on which WECO is now the obligor. WECO is seeking to acquire $250,000 in principal amount of its PetroDyne Industries Convertible Subordinated Deben6-- tures due 12 1980. WECO assumed these obligations in its acquisition of PetroDyna-mic- s in 1973. WECO said it will utilize any acquired debentures to satisfy future sinking fund requirements. WECO will pay $0.75 per $1.00 of face amount, or $750 for each $1,000 Debenture, accrued interest. plus WECO also said it has been advised by the NASD that it is ranked 383 in the 1410 issues included in the national list. Ranking and inclusion in the list are determined by the OTC-NASDA- Q dollar value of average weekly stock volume. Manning to Sell Out TULSA Manning Gas & Oil (OTC 8.25, 9.00) has signed a letter of intent for the sale of all its assets to Cotton Petroleum Corp., a unit of United Energy Resources Inc. for $10.2 million. According to president of Manning, John D. Cranor, the transaction is subject to approval of a definite agreement by the boards of both companies and Manning's stockholders. Mannings Going public is tough. Keeping your seat is even tougher. Going public can be a great opportunity for growth (stock can often facilitate acquisitions) . . . but its not much consolation if youre left on the outside looking in. We can make your company public and keep you in control. No need to worry about months of delays, either. We move quickly and precisely. Talk to us before you give your company away to a board of directors. You built it; you should keep it. - trurifir Corpondinn 747 E. South Temple Salt Lake City, Utah 84103 (Opiiipnn (801) 531-623- 6 Approval by holders would result in liquidation of Manning and the distribution of the net procees to its shareholders, Cranor said. Contact Richard L. Chatham, President Salt Lake City (801) 6 531-623- |