$2.3-Million Loss: Wiz Technology Inc., a San...

$2.3-Million Loss: Wiz Technology Inc., a San Juan Capistrano computer software manufacturer, recorded a loss of $2.3 million, or 36 cents a share, for its fiscal year ended July 31. That contrasted with profit of $75,911, or 1 cent a share, for the previous 12 months. Revenue declined 11% to $1.7 million from $1.9 million. The company said the loss was primarily related to a delay of several months in its 1993 underwriting, which resulted in extraordinary legal and accounting expenses and suspension of virtually all sales and shipments during the second and third fiscal quarters.