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To: lkj who wrote (9507)4/18/2001 9:16:04 AM
From: slacker711  Read Replies (2) | Respond to of 10309
 
Last quarter, there was that huge jump in royalty. The strange thing is that it was just a one-time event.

FWIW....I thought this was strange as well. My understanding was that the recognition/receipt of royalties lags the sale of the product by a couple of months. If that is correct, the seasonality shouldnt have been pronounced as they implied it was going to be.

Slacker



To: lkj who wrote (9507)4/18/2001 10:00:24 AM
From: peter grossman  Read Replies (1) | Respond to of 10309
 
The fourth quarter always displays disproportionately high revenues and profits. How do you know that the fourth quarter royalties aren't always high, perhaps because of how they are accounted by customers by agreement?

-Peter


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