ADSN - Advanced Systems International Message Board

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Microcap & Penny Stocks : ADSN - Advanced Systems International

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To: Crazy Canuck who wrote (703)	10/31/1999 12:25:00 AM
From: twentyfirstcenturyfox	Read Replies (1) of 895

Hi CC - my condolences on the E ward trip - children are so amazingly resiliant, though, aren't they? Thanks for your reply to my off-topic(sorry lurkers!!)- and for your detailed post. I like reading your posts - no BS and no smoke and mirrors...and I sense that you like this company because it does not employ any s&m in its financial reporting. i'm a CA and I I agree with you. The results are solid. I have no trouble with a temporary or non recurring increase in overheads (aside - does anyone have any details of what areas of expense increased??)...so long as they are well managed and they are conservative in maintaining adequate working capital. Do you or anyone know what the company's accounting policy is regarding R.&D. (Development) costs is - do they expense 100% in the period in which it was spent or do they defer and amortize, and if the latter at what rate? TIA don.

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