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Technology Stocks : Viasoft is an excellent stock, but what about the company?

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To: Reno Frazzitta who wrote (137)1/26/1997 12:32:00 PM
From: Philip H. Lee   of 169
 
>are these accrued expenses already included under expenses in this quater's income statement, or are they yet to be incurred and reported under a future quarter.<

The accrued expenses were included in the income statement already. However, the cash outlays to pay for the accrued expenses will occur in the future.

>Also, do these expenses have anything to do with the Deferred Revenues<

Accrued Expenses represent compensation Viasoft owes for benefits already received. Deferred Revenues represent compensation Viasoft already received from customers for work yet to be done.

Philip

Again, I could be wrong. Someone more qualified would have a better answer.
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