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TESCORP DECLARES DIVIDEND ON PREFERRED STOCK

 AUSTIN, March 12 /PRNewswire/ -- Tescorp, Inc. (NASDAQ: TESC) today announced that its board of directors had declared a regular quarterly cash dividend on $0.125 per share on its Series 1990 convertible preferred stock (NASDAQ: TESCP). The cash dividend is payable on April 12, 1993, to shareholders of record as of March 26, 1993.
 Tescorp, Inc. manufactures and sells cables, connectors and geophones to the geophysical industry through its Tescorp Seismic Products division. The company also manufactures and distributes oil and gas production equipment through its Clif Mock division. In addition to its common stock and Series 1990 convertible preferred stock, Tescorp's Series 1993 Warrants (NASDAQ: TESCW) are listed for trading.
 -0- 03/12/93
 /CONTACT: Jack S. Gray Jr., president and COO of Tescorp, Inc., 512-476-2995/
 (TESC)


CO: Tescorp, Inc. ST: Texas IN: SU: DIV

AH -- NY022 -- 8696 03/12/93 10:50 EST
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Publication:PR Newswire
Date:Mar 12, 1993
Words:145
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