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To: Conan who wrote (1103)1/6/2000 3:14:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 1492
 
Conan,

Edwarda raised a very important point when she spoke of the deterioration of deferred revenues. Deferred revenues are cash deposits that customers make on goods and services to be delivered. As such, they are a window on future sales and earnings. Three successive quarters of declining deferred revenues needs to be explained. I would be much more comfortable investing in a company with an earnings shortfall that showed increasing deferred revenues.

So far I haven't seen deferred revenue numbers for the quarter. Have they been published, and if so does anybody have a link?

TTFN,
CTC



To: Conan who wrote (1103)1/6/2000 6:30:00 PM
From: Paul M. Rengier  Respond to of 1492
 
btw better SFA is in place. They invested in Siebel heavily.