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Technology Stocks : CLYW - Calypso Wireless, Inc.
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From: lg181312/30/2005 5:52:36 PM
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I think we all know that the revenue recognition relative to the sales of the phones can't be done until the phones are shipped. However the sales of software licenses is different and should hit the books much sooner since we are talking about license revenue and not the delivery of a manufactured phone. Has anybody asked Calypso about this. I know the licenses were the Calypso Sleipner Comob licenses but now that Calypso finalized the deal with Sleipner, shouldn't the CLYW consolidated financial statement now show revenue for this quarter. I work for a software company and I know sales works extra hard the last days of the quarter to get deals signed so they can book the sale in the current quarter. Anyway, I just thought I would throw this out for discussion.
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