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Technology Stocks : VIAS VIASOFT & THE Y2K PROBLEM

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To: TEDennis who wrote (1564)8/3/1998 7:33:00 PM
From: joseph cheng  Read Replies (1) of 2067
 
Did you read through the press release?

Viasoft paid 6.5M in cash for the license and related costs. Viasoft will also pay certain royalties to Systemhouse based on sales of methodology and training components. Viasoft anticipates allocating a substationa portion of the purchase price to acquired in-process technology, RESULTING IN A SIGNIFICANT CHARGE to the company's operations in the quarter ending September 30,1998.

Maybe w/ all the acquisitions, short term the books are going to look pretty bad...
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