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To: John Morelli who wrote (595)2/3/1998 8:16:00 PM
From: Jay Morrison  Read Replies (1) | Respond to of 665
 
The dividend has not been paid since last summer. There was no cost this past quarter for the dividend. The deal on the preferred stock actually reduced liabilites from accrued dividends that had gone unpaid. I think that the liabilities were reduced by $1.5 million.