NATIONAL HMO CORP <NHMO> 2ND QTR JAN 31 Shr loss nine cts vs profit nine cts Net loss 478,000 vs profit 371,000 Revs 3.4 mln vs 2.6 mln Six months Net loss 466,000 vs profit 685,000 Revs 6.2 mln vs 5.0 mln NOTE:1987 net loss includes writeoff of deferred start up costs totaling 490,000 dlrs.