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Technology Stocks : Data Dimensions

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To: CodeJockey who wrote (933)5/1/1997 1:41:00 PM
From: Jalali   of 4571
 
Last Hurrah !

DDIM is going to have a very difficult time reporting a profit in Q2.

Adres is out, no more deferring $600,000/Qtr in Product Development.
The $2 Million in Product Development & Equipment for Ardes must now be amortized in two years.
No market for Ardes in 1999 and beyond.
(Note: DDIM plans to amortize Ardes over three to four years)
The Auditors must require DDIM to amortize over the next two years, or $250,000/Qtr.

So $600,000+$250,000 for a total of $850,000 more reported expenses in Q2.

This will be a BIG HIT in Q2.
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