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newelong

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newelong

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Re: dymacfo post# 69

Tuesday, 09/28/2010 12:27:44 PM

Tuesday, September 28, 2010 12:27:44 PM

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dymacfo ...

You have to look at Note 17 in the 10-Q and you`ll see a reconciliation of Net Income which includes a $1.7MM non-cash charge in connection with the Convertible Preferred Stock.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=7416585-1158-159160&type=sect&dcn=0001204459-10-001931

They didn`t spell it out in their press release, but I was told by IR that they would make it clearer next time.

Hope this helps.

Phil
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