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Technology Stocks : BMC Software
BMCS 0.00520-36.6%Nov 3 2:14 PM EST
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To: T-Lo Greens who wrote (1155)1/10/2000 7:37:00 PM
From: Chuzzlewit  Read Replies (1) of 1492
 
Tony,

Just to amplify a point that Edwarda made:

Merely signing a deal does not create revenue. If cash is paid at the time of the signing it is considered "deferred revenue" - a liability. Only when goods and services are actually delivered and accepted by the customer is it considered a sale and therefore revenue.

However, deferred revenues are considered to part of cash flow from operations.

TTFN,
CTC
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