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Technology Stocks : Aspect Telecommunications (ASPT)
ASPT 0.00010000.0%Oct 22 9:30 AM EST

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To: Craig Schilling who wrote (702)1/6/1999 5:49:00 PM
From: Chavez6   of 2018
 
Does any one know how much the increase in amortization expenses lowers ASPT EPS and are the analysts taking this into account in there EPS estimates?

SAN JOSE, Calif., Jan. 5 /PRNewswire/ -- Aspect Telecommunications (Nasdaq: ASPT - news) today announced that, based on preliminary information currently available, the company anticipates its financial results for the fourth quarter ended December 31, 1998 will be below analysts' expectations due largely to a shortfall in the level of business from the company's North American region. As a result, the company currently anticipates that overall revenues for its fourth quarter will be down approximately 2 to 5 percent from the prior quarter and that diluted earnings per share will be in the range of approximately 12 cents per share, plus or minus 2 cents. These EPS estimates include the previously announced increase in amortization
expenses of intangible assets associated with the acquisition of Voicetek as the result of new SEC guidance regarding in-process research and development charges.

Ed
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