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Technology Stocks : New Dimension Software (DDDDF) -- Ignore unavailable to you. Want to Upgrade?

To: Craig Brenner who wrote (135)	3/4/1998 5:10:00 PM
From: Michael J. Dando	Respond to of 209

Hi Craig, Let me clear up your questions. First of all, New D has picked up about $11 million in "deferred income", not long term debt. If you look to their balance sheet, you see neither a long term debt listed, nor a current portion of long term debt. My guess (though I am not an accountant) is that the deferred income is from the large contracts they have signed over the last year. As the income is realized, they will debit deferred income, and credit income. So the number you see will drop to the bottom line, not to creditors. As for management ownership, they have HUGE management ownership. The last time I checked, three people controlled around 68% of the company. Yossie Hollander, Roni Einav, and Dalia Katzman-Prashker. These people founded the company in 1983. Yossie Hollander was ousted from his postion as the Chairman a few years back, and the company has been doing a great turnaround ever since. In other words, management is very, VERY knee deep in the company. Here is a short list of some of their well know customers: EDS Motorola Siemens Sony Xerox JP Morgan Fidelity Investments VISA International Paramount Studios Bank of Canada Boeing Ford Swiss Air Toyota BASF Daewoo DuPont Levi Strauss Martin Marietta Minolta U.S. Department of Defense U.S. Internal Revenue Service U.S. Social Security Administration U.S. House of Representatives U.S. Army AT&T British Telecom U.S. West Hong Kong Telecom Telecom Australia Mobil Oil Occidental Petroleum Texaco Arco The list goes on and on. Anyway, you can read through the rest of this thread, plus check out the message boards (Keyword: IN) and Motley Fool message borads (Keyword: Motley Fool) on America Online as well. Hope this helps. Mike