0000795445-97-000002 8-K 1 19970108 2 19970127 NASD ARC CAPITAL 0000795445 3823 330256103 CA 1231 8-K 34 000-20097 97511533 2067 COMMERCE DR MEDFORD OR 97504 5417767700 2067 COMMERCE DR MEDFORD OR 97504 APPLIED LASER SYSTEMS /CA 19930825 8-K 1 000079544597000002-001-seq1-8-k.txt FORM 8-K OF ARC CAPITAL AS OF 1/8/97