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Technology Stocks : Broderbund Software

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To: Jan A. Van Hummel who wrote (436)12/17/1997 7:52:00 PM
From: Tae Spam Kim  Read Replies (2) of 859
 
A/R invariably increases when you have such a huge launch as Riven. Generally most A/Rs are 30-45 days paid, and since Riven was only out 30 days before the quarter close that account for the large increase in A/R.

Tae Kim
TJK Market Letter

Riven is going to be a HUGE cash cow, now that word of mouth is out, in the next few quarters the earnings are going to take off.

I wondering if they amortized the research development costs over a few quarters (money to cyan).. Hmmm.
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