<BASTIAN INDUSTRIES INC> 2ND QTR JAN 31 LOSS Net loss 1,321,000 vs loss 1,397,000 Sales 31.1 mln vs 29.2 mln 1st half Net loss 94,000 vs loss 1,745,000 Sales 63.0 mln vs 61.9 mln NOTE: Company recently went private. Latest quarter net includes 24,000 dlr tax credit. Current half net includes gain 2,041,000 dlrs pretax from termination of pension plan.