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Technology Stocks : SDRC - Structural Dynamics Research Corp.
SDRC 0.390-2.4%3:05 PM EST
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To: Mr. Jens Tingleff who wrote (877)10/21/1998 12:22:00 PM
From: Jerry Rush  Read Replies (1) of 946
 
Site in previous post reads:
"...Revenues for the six months ended 6/30/98 ...Earnings reflect the absence of a $20.9 million charge for purchased in-process R&D."

I understand this as a reference to the Metaphase acquisition.
Announced Dec. 16,1996.
sdrc.com
( At the time the charge was expected to be greater. )
Here's a quote:
"The acquisition...will result in a one time charge...of approximately $25 million, primarily for the write off of in-process research and development, which is expected to be taken in the first quarter of 1997."

So the Yahoo statement, which is as of June, 1998 is saying that the first half of 1998 did not have the expense that 1997 did of the $20.9 million.

So it was last year.
Jerry
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