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Technology Stocks : MicroStrategy Inc. (MSTR) -- Ignore unavailable to you. Want to Upgrade?

To: Colin Cody who wrote (320)	1/30/2000 1:48:00 PM
From: Turs	Read Replies (4) \| Respond to of 717

Doesn't this concern anyone? On Oct. 4, MSTR announces a huge deal with NCR. NCR agrees to buy $27.5m of MSTR software. In return, MSTR agrees to buy $11m of NCR software (data warehouse) and its Teracube business for $15m. The latter purchase of Teracube will be with stock. So, what happened here? MSTR gave NCR $11m in cash, $15m of a very expensive stock, and a floppy disk. NCR then returned the $11m, paid $17.5m for the stock, and gave MSTR two floppy disks. But MSTR gets to recognize $27.7m in revenues. More amazingly, MSTR recognized 17m of these revs in the September quarter, even though we didn't hear about this agreement until Oct. 4! Without that $17m, revenues would have been only $37m, down $8m from the June Q!! to be continued.........