INPR - Inprise to Borland (BORL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : INPR - Inprise to Borland (BORL)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Miller who wrote (1417)	10/22/1998 11:44:00 PM
From: shane forbes	Read Replies (2) of 5102

David rebuttals on your rebuttals: (1) 2m deferred revenues: I know what "deferred revenues" mean believe you me <g>. My point was that I bet analyst estimates did not assume increases in deferred revenues to the extent that Inprise showed. Consider that the balance sheet has a new item - the addition of 1.3m in "l/t" deferred revenue. My sense is that Mr. Analyst unwittingly had put this in bucket "Q3 Revenue" and left the "deferred revenue" bucket to increase at the trend rate to say 14m. However the Accountants say yes the "deferred revenue" bucket is 14m but we are going to take that 1.3 m of the "Q3 Revenue" Bucket and put it in a new balance sheet item - the "l/t deferred revenue" - voila Inprise misses quarter. (2) You say: On the evidence, it would seem that the bulk of the addition to deferred revenues comes from licensing deals with other software companies Here's the list of companies in the press release: Hitachi Sun Microsystems HAHT Software Ascend Communications Inso Merrill Lynch T. Rowe Price Barclays Bank Group Swiss Bank First Union Bank AT&T Wireless British Telecom QUALCOMM German Telecom GTE American Stores Florida Power & Light GeoCities The Money Store SalesLogix American Automobile Association. About 21 - at least 18 of which are NOT software companies. Plus from the release - the customers did "prepay non-refundable deployment royalties" - to me at least not quite the same as cash for "future services". (3) You point out the release about the increase in personnel in Japan. I will ask you to recall the c.call of maybe January where the company said that they would push out the roll-out of the Japanese Tsunami to 1999 - they were pushing it out because of the turmoil in Asia and were going to push on with Europe and the US this year. Your link is like Baby McCoy I'm referring to the real McCoy. These they are the truest facts he said. (4) Careful I am not. Reckless Abandonment - c'est moi. (5) Objectivity I exude - for I know that the market's love for earnings messes up the longer term picture - whence I objectively took a step back, objectively analyzed what happened and objectively concluded with the utmost objectivity that the company screwed up this quarter's earnings release (as they have a penchant for doing) but that the underlying picture from the objective eyes of the Objective One, tells me objectively that the important things are objectively firing on all cylinders. Things like 100 beta sites for the new App Server. Things like Visibroker revenue is growing at an ever increasing rate (58% Q2, 80% Q3) Things like IONA wants to be pals with Symantec Java Tools. Things like Inprise already has development tools expertise and doing the beta dance. Things like at least 10-15 new big name customers this Q. Things like the deal with Hitachi (awesome baby). Things like Sun licensing the Visibroker ITS. Things like JBuilder for Solaris (awesome baby). Things like the balance sheet looking better and better. Things like DSO's down. Things like an extra 15m dollars from Starfish (very cool)... ad infinitum... Shane (you know what goes in here!)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next