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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments
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To: Bill Wexler who wrote (3420)10/1/1998 2:01:00 AM
From: PaperChase  Read Replies (1) of 18998
 
Bill,

Surprisingly the cost for playing "lost in space" appears to be very low for DTLN.

"The Company's costs related to the failure of Galaxy IV include telecommunications, labor, satellite costs and customer communications. These unusual non-recurring costs, on a pre-tax basis, were estimated to be $5.8 million ($3.7 million after tax)"

Opinion?
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