MOTO PHOTO <MOTO> SEES BETTER 1ST QUARTER 1987 Moto Photo Inc president, Michael Adler, said he expects the company's first quarter earnings for fiscal 1987 to be better than the same quarter a year ago. Adler said, however, that the quarter would still be a loss, primarily because it is the low season for the imaging business. Photo Moto recored a net loss for the first quarter 1986 ending March 31 of 328,889 dlrs.