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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?
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To: Sam Golden who wrote (246)8/29/1997 10:36:00 AM
From: DD™   of 1936
 
sg:

Depending on what the aggregate "interest/dividend" payments were for the preferred, there may not be dilution, I believe.

One would have to study the financial statements to determine if EPS for the new common is more or less than dividend payments to the preferred.

DD

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