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Technology Stocks : Loral Space & Communications
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To: DMaA who wrote (2873)5/7/1998 12:27:00 PM
From: Dragonfly  Read Replies (1) of 10852
 
I noticed this in the earnings release:
"and the company reported a net loss after the payment of preferred dividends"

Can someone tell me who is getting preferred dividends? I didn't think there was a preferred class of stock, or is this another way of saying they made the required interest payments for their financing?

Dragonfly
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