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Technology Stocks : VINF-A Magic 25 Stock for 1998
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To: Walt Campbell who wrote (20)2/15/1998 10:50:00 AM
From: hoopsville  Read Replies (1) of 73
 
Someone explain what is going on with the Depreciation and Amortization expenses for the past two quarters?

The Company says:
" It is important to note that our 4Q97 results were achieved despite quarterly amortization charges of more than $410,000 associated with the acquisition of VISTA Environmental Information in 1995. When these charges end early in 1Q98, it will have a further positive impact on future earnings.''

Here is D&A (in thousand $) for the past two years:
1997 1996
Mar 1177 1112
Jun 1196 1115
Sep 2099 1158
Dec 575 1201

In most companies D&A expenses don't change much from quarter to quarter as capital expenditures are depreciated over a number of years. Why was D&A so high the SepQ and so low the DecQ? Basis the company's comment, is D&A going to be in the 200K range next quarter? The whole earnings picture is being distorted by such widely varying D&A expenses.
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