Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 1
Sorry my paragraph concerning R & D spending was incomplete. I reviewed the conference call again and their comments were as follows:

"During the most recent quarter, spending on R & D projects declined 12% sequentially due to additional received from Microvision (MVIS) under an agreement signed in April 2000. Under the agreement MVIS has agreed to fund 1.125 million per quarter in the first year for optical electronic research (compared to 650,00 per quarter under the old contract). In general, R & D costs are significantly higher than the prior year due to a greater investment in optical electronic and microwave programs. Spending for R & D is expected to grow in future quarters as a high focus has been put on research for HB LEDs and other products."

There is nothing negative about this because any company involved with developing new technology products should be spending more on R & D. I would be scared if they significantly slowed down their spending. Thoughts?

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.