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Technology Stocks : INPR - Inprise to Borland (BORL)

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To: Mark Bracey who wrote (521)7/16/1998 7:54:00 PM
From: David Miller  Read Replies (1) of 5102
 
The sequence (taking Visi into account) for deferred revenue is:

Dec '97 (Borland) $0
Dec '97 (Borland + Visigenic) $$8.03m
Mar '98 (Inprise) $13.5m

While over the same period, "Other Current Liabilities" has the sequence:

Dec '97 (Borland) $20.4m
Dec '97 (Borland + Visigenic) $$13.7m
Mar '98 (Inprise) $9.2m

Taken together they are pretty much a wash, so it is more likely that this is just an accounting "bucket" adjustment, rather than anything significant. My mistake was comparing deferred revenues between Borland-without-Visigenic, and the Inprise numbers for the end of the last quarter ($0 to $13m)

At this level it is probably business-as-usual deferred revenues for service contracts that get amortised over a year.

david
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