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Technology Stocks : Loral Space & Communications

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To: Valueman who wrote (2189)	3/11/1998 7:53:00 PM
From: Snake	Read Replies (1) of 10852

Just curious, Readware has stated, plus I have seen a couple of other people say that Loral actually earned $0.06/share, not including the stock gain. Am I drunk or what? It looks to me like take out the $79.6 million gain (adjust for a 35% tax rate to give net gain of $51.74 million) and the following results: net income common shareholders $13.7 Less: tax effected stock gain (51.74) ------ Net income common excluding stock gain (38.04) Shares 243.6 EPS -Diluted ($0.16) --------------------------------------------------------------------- Subject: EARNINGS REPORT AGAIN Date: Mon, Mar 9, 1998 22:01 EST From: Readware Message-id: <19980310030100.WAA16920@ladder03.news.aol.com> Loral earned $.06/share for the year without the one time sale of K&F. Read my post on earnings again. The K&F sale had nothing to do with the surprising surge in Skynet's earnings. --------------------------------------------------------------------- Am I wrong here or what?

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