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Technology Stocks : BMC Software
BMCS 0.00520-36.6%Nov 3 2:14 PM EST

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To: Douglas V. Fant who wrote (574)2/18/1999 6:37:00 PM
From: norm chin  Read Replies (2) of 1492
 
"...I believe that the charge would only affect the quarters retroactively in which the two transactions occurred. Mid- 1997 forward, so say six quarters at a penny/quarter..."

Doug, I got the same impression as you when I read the 10Q a couple of mins ago. What I said in the earlier post was meant to indicate that, based on the new SEC rules, if and when the BOOL deal is consummated the Street might not like the negative impact of amortization cost (at least in the beginning) even thought they will have to learn to accept this type of accounting sooner or later.

Do you read the 10Q in a more prospective light in that the $0.01 impact would be on future quarters?

No, Doug.
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