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Technology Stocks : SDRC - Structural Dynamics Research Corp.
SDRC 0.385-1.3%9:59 AM EST

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To: Jerry Rush who wrote (874)10/20/1998 8:29:00 PM
From: Mr. Jens Tingleff  Read Replies (1) of 946
 
Re: This from company profile on yahoo: Net income rose from $466 thousand to $15.4 million. Revenues reflect larger implementation projects for I-DEAS and Metaphase license customers in Europe. Earnings reflect the absence of a $20.9 million charge for purchased in-process R&D.

What does the latter sentence mean. That the charge will occur in the year books, or that such was purchased and fully depreciated in last year ?

TIA
Just started DD on this today due to the sharp rise (added 150MM$ to market value today) -

Kind regards
Jens
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