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ORANGE COUNTY EARNINGS

April 27, 1993

Satellite Technology Management Inc. The Costa Mesa manufacturer of satellite communications networks posted a profit of $948,800, or 20 cents a share, for the first quarter. The results included a onetime gain of $365,000 from an accounting change. That compared to a profit of $782,900, or 24 cents a share, for the same period a year earlier. Revenue dipped slightly to $4.4 million from $4.5 million.

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