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To: Ginko who wrote (13359)1/29/1998 1:23:00 PM
From: FJB  Respond to of 25960
 
This is what IR told me about the notes awhile back.

"The subordinated notes have an anti-dilutive effect of EPS, therefore, they are not considered common stock equivalents outstanding for the EPS calculation."

More on the topic:
Message 2943023