PSFT - Fiscal 1998 - Discussion for the next year Message Board

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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year

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Oct 29 5:00 PM EST

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To: GJD who wrote (1572)	7/22/1998 3:13:00 PM
From: Just_Observing	Read Replies (2) of 4509

I agree that PSFT is down because of the change of the proportions of license/revenue numbers. However, the sequential decline in the license portion of deferred revenue probably does not mean much, IMHO. PSFT customers may have prepaid for the 7.5 upgrade that was released in March (deferred rev.). This upgrade should have been delivered this quarter causing the license portion to be cut. So the 2 million sequential decline in the license portion of deferred revenue out of a total d.r. of 396.2 million is not that significant. If it had occurred without an upgrade in the quarter, I would be more concerned. This is just my opinion.

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