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O.C. BUSINESS PLUS

Orange County Earnings

July 27, 1999

Ceradyne Inc.: The Costa Mesa manufacturer of technical ceramics reported net income of $401,000, or 5 cents a share, for the second quarter, a gain of 23% from the $326,000, or 4 cents a share, for the year-ago period. Sales rose 16% to $7.3 million from $6.3 million.

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