MOSAID Technologies Inc. Message Board

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Gold/Mining/Energy : MOSAID Technologies Inc.

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To: Bhag Karamchandani who wrote (32)	7/14/1997 11:52:00 PM
From: Serge Collins	of 219

Mosaid Technologies spent $3.157 million on R&D in Q4 fiscal 97 compared to $1.950 million in Q4 fiscal 96. This represents an increase equal to $0.15 per share fully diluted. This had the effect of artificially depressing earnings for the quarter. As well the company spent $3.2 million more in R&D for the year when compared to the previous year or $0.41 per share. Does anyone know if the company intends to return to a more normal level of R&D expenditure for fiscal 98?

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