Millennium Electronics Inc.: The Laguna Beach provider...

Millennium Electronics Inc.: The Laguna Beach provider of memory upgrade components for computers reported a loss for the second quarter of $92,967, or 1 cent a share, contrasted with net income of $281,524, or 5 cents a share, a year earlier. Sales for the three-month period increased 21% to $7.4 million from $6.1 million. Net income for the six-month period declined 52% to $231,714, or 4 cents a share, from $486,637, or 9 cents a share, a year ago. First-half sales were up 65% to $20 million from $12.1 million.