Riding a wave of profits coming from banks' continuing, love affair with the cash machine, Diebold Inc. is taking some of that largess. to establish beachheads in other spheres of electronic commerce.

Wall Street has been pleasantly surprised by the recent performance of Canton, Ohio-based Diebold, as its sales of automated teller machines continue to grow at a healthy clip. Correspondingly, its stock price rose a whopping 50% in 1993, and so far this year it shares are up over 12%.

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