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Technology Stocks : LEGATO SYSTEMS LGTO -- Ignore unavailable to you. Want to Upgrade?


To: Edwarda who wrote (723)1/26/2000 1:30:00 PM
From: Chuzzlewit  Read Replies (2) | Respond to of 1138
 
The entire contracts were moved to deferred revenue.

Are you sure? My understanding is that deferred revenues do not create A/Rs. That implies that they must have received cash for the entire contract amount.