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Technology Stocks : LEGATO SYSTEMS LGTO
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To: Edwarda who wrote (725)1/26/2000 3:28:00 PM
From: Chuzzlewit  Read Replies (2) of 1138
 
Edwarda,

Apparently all of the decrease in revenues ($5,735,000) was shifted to deferred revenues in Q3. But A/R remained the same ($62,953,000). Does this imply that cash was received?

[edit] Another oddity: COGS remained the same at $8,024,000 for Q3 after amendment. Why wasn't that reduced?

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