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Gold/Mining/Energy : Lava Systems (LVA:TSE) -- Ignore unavailable to you. Want to Upgrade?

To: Sultan who wrote (27)	3/17/1998 11:58:00 PM
From: Serge Collins	Read Replies (1) \| Respond to of 102

Sultan, Yes you're right about the second quarter release. I just had a look at the earnings release dated March 12. I was struck by the incredible increase in operating costs in the quarter. The explanation for this was not very clear. As well I feel that the company should writedown its goodwill to remove the high amortization costs from dragging down earnings as we move forward. What are your views of the company's second quarter operating costs and what do you feel the potential is for this company in the next few years?