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Technology Stocks : Data Dimensions
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To: Craig Richards who wrote (840)4/28/1997 4:34:00 PM
From: Jalali   of 4571
 
From DDIM's 1996 Financial Statement:
"During the last six months of 1996, the Company invested $1,255,000 in capitalized product development cost, consisting of personnel and other related expenses, and $182,000 in computer equipment to develop an advanced Year 2000 product based upon its current proprietary Year 2000 process."
"Investment in Product Development . amortized(beginning in 1997) over estimated productive lives, expected to range from three to four years."

A software has the half-life of fruit fly.
Add four years to 97 and you get 2001, for a YR2000 planning tool ?

If DDIM's has no Ardes sales it will be required by its auditor and the SEC to write off (expense) about $1.5 Million in currently capitalized Product Development costs. This is over 150% of last years reported earnings.
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