Laser Precision Corp. Stock Being Traded on National Market Net

Laser Precision Corp. said its stock is now being traded on the over-the-counter National Market System.

Stocks that are traded on the NMS are reported on an electronic price quote system similar to those used by the New York and American stock exchanges. Companies typically must meet certain capital and trading requirements before the National Assn. of Securities Dealers will list their stock on the NMS.

Irvine-based Laser Precision makes measuring instruments for use in fiber optic telecommunication, laser research, chemical analysis and quality control. For the first six months, the company reported net income of $239,000 on sales of $6.3 million, compared to net loss of $293,000 on sales $4.3 million for the same period a year earlier.

Third-quarter results are expected to be reported next week. Both sales and net income will show substantial increases from the second quarter and from the 1985 third quarter, the company said. For the second quarter of this year, the company reported net income of $186,958 on sales of $3.6 million. For the third quarter of 1985, the company reported a net loss of $97,200 on sales of $2.1 million.