Asensio & Company: Diana Stock Rise Attributed to False Reports

NEW YORK, July 17 /PRNewswire/ -- The following release was issued today by Asensio & Company, Inc.:

Asensio & Company, Inc. released a report and a strong sell recommendation on Diana's stock citing the stock's recent sharp rise on erroneous reports of large potential gains from Concentric's proposed public offering. Asensio & Company, Inc.'s report includes an analysis of the value of Diana's Concentric investment, its current financial condition and yesterday's announced settlement with Concentric. Asensio & Company, Inc. is a New York-based registered securities dealer and investment bank. The report is available for viewing and downloading on Asensio's internet home page located at www.asensio.com.

 SOURCE   Asensio & Company, Inc.     -0-                            7/17/97 

/CONTACT: Manuel Asensio of Asensio & Company, 212-702-8800/

(DNAK)

CO: Asensio & Company, Inc.; Diana Corporation ST: New York IN: TLS SU:

NT-DG -- NYTH015 -- 7837 07/17/97 08:01 EDT http://www.prnewswire.com