Vestron Inc.: The Stamford, Conn.-based entertainment company...

Vestron Inc.: The Stamford, Conn.-based entertainment company posted a second-quarter loss of $65 million, contrasted with a profit of $4.3 million a year ago. Revenue totaled $52.7 million, down 42% in part because of a substantial decrease in domestic videocassette sales. The results reflect the substantial decline in revenue for the period and the writedown of motion picture assets due to a restructuring made necessary by a constricted cash situation after Security Pacific National Bank terminated a contract for a six-year, $100-million credit line in October, 1988. On Aug. 16, Vestron filed suit against Security Pacific over the issue.