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To: WTSherman who wrote (154)2/16/1998 10:18:00 PM
From: kvogel  Read Replies (1) | Respond to of 183
 
GWM, It's my understanding that the R&D expenses had to do with the delayed launch of PRO/II and ROMeo. PRO/II is launched but if there are bigger problems with ROMeo than they planned, this could be an on-going problem. A call to the company would probably pin this down. The delayed contract would have offset some of the R&D expenses with revenue. When the CEO uses the word "unanticipated" he should provide some clarification so we know what to expect in the future.

Karl