BRAE CORP <BRAE> 3RD QTR DEC 31 LOSS Shr loss 1.32 dlrs vs profit two cts Net loss 5,666,000 vs profit 84,000 Revs 12.0 mln vs 21.7 mln Nine mths Shr loss 1.87 dlrs vs loss 71 cts Net loss 8,030,000 vs loss 3,062,000 Revs 40.9 mln vs 53.0 mln Note: includes losses from discontinued operations of 190,000 dlrs vs loss 185,000 dlrs in 3rd qtr and 731,000 dlrs loss vs 815,000 dlrs loss in nine mths.