COMMUNICATIONS SATELLITE CORP <CQ> 1ST QTR NET shr 46 cts vs 76 cts div 30 cts vs 30 cts prior net 8.5 mln vs 14.0 mln NOTE: 1987 qtr net is after a 5.5 mln dlr reserve for a potential refund as a result of the Federal Communications Commission's continuing rate investigation. company said it believes any refunds it may have to make would not materially affect its financial position.