Stock Watch

NCBR stock index edges up 4 points STOCK WATCH By Neil Nordby The Northern Colorado Business Report Stock Index held its own for the month ended Oct. 13, edging up 4.05 points, or 0.34 percent, to close at 1197.46. In comparison, the Dow Jones Industrial Average slipped 3.79 points, or 0.08 percent, to 4793.78, while the S&P 500 Index gained 0.89 points, or 0.15 percent, to close at 584.50. Declining issues outpaced advancing issues by a 33-to-27 count, and 19 stocks reached new 52-week highs vs. five that dipped to new 52-week lows. Turning to stocks in the accompanying table: Avert Inc. announced that the company will extend the expiration date of its redeemable warrants from Dec. 22, 1995, to April 30, 1996. The one million redeemable warrants were issued as a part of Avert’s initial public offering completed in June 1994. Avert stock slipped 0.25 points, or 3.85 percent, to close at $6.25. Greeley-based, Electronic Fab Technology Corp. announced that it will manufacture printed circuit boards for Applied Automation, a deal worth approximately $4.5 million. Bartlesville, Okla.-based Applied Automation designs and manufactures analytical instrumentation. Electronic Fab Technology was off 0.88 points, or 14.89 percent, to the tune of $5. Atrix Laboratories Inc. has completed statistical analysis of the one-year pivotal study completed in July of the ATRISORB Guided Tissue Regeneration (GTR) product. The positive results lead the way for the filing of a 510 (k) medical-device application with the U.S. Food and Drug Administration. Atrix shares remained unchanged for the month at $6.63. Neil Nordby is president of Nordby International Inc., a Colorado-based financial information firm.