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March 01, 2002

* Home builder William Lyon Homes in Newport Beach reported that fourth-quarter net income rose 24% to $20.3 million, or $1.89 a share, from $16.4 million, or $1.56 a share, a year ago. Revenue gained 9% to $177.9 million.

* Procom Technology Inc., an Irvine data storage company, said its net loss for the second fiscal quarter narrowed to $4.8 million, or 30 cents a share, from $5.9 million, or 50 cents a share, a year ago. Revenue fell 33% to $7.8 million.

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