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Technology Stocks : Information Architects (IARC): E-Commerce & EIP
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To: MACA who wrote (8725)11/1/1998 10:57:00 AM
From: IRISID2000  Read Replies (1) of 10786
 
Dear MACA,

I recall from the CC that a woman asked the question about the balance of Unbilled Receivables on the B/S at 9/30/98. Gruder gave a fumbling response to the effect that he didn't know, or the numbers were not available. If this is true, what you are saying, then there exists the possibility that some of this could be bled into the 4th qtr numbers. One question I have, to what extent is the code remediation complete, and how does the completeness relate to the balance in te UBAR account.
Also, how much of the unbilled is actually billed. Is it 100%, or some number less. If the contracts that relate to the UBAR account are fixed price, then there could be some overrun potential, which means that not all of the UBAR will tranlate in actual good A/R, and eventual cash.

Please comment.

This is the type of thoughtful analysis that we need here.

Iris
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