Rainbow Technologies Inc.: The Irvine software company...

Rainbow Technologies Inc.: The Irvine software company had third-quarter profit of $1.2 million, or 21 cents a share, which was down 14% from the $1.4 million, or 25 cents a share, earned in the like 1992 period. Sales dipped to $7.9 million from $8.1 million. For the first three quarters of 1993, the company showed a 24% gain in profit from the prior year period, to $4.6 million, or 83 cents a share, from $3.7 million, or 70 cents a share. Sales rose 31% to $26.5 million.