Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : FirstWave Technologies (FSTW) -- Ignore unavailable to you. Want to Upgrade?

To: TEDennis who wrote (7328)	12/28/2002 1:31:33 PM
From: Oeconomicus	Read Replies (2) \| Respond to of 9677

Not sure that would work. Depends on whether they recognize the license fee revenue at signing or defer some of it until implementation is complete. Assuming the license fee portion of the contract IS generally recognized in the same accounting period as signing, then the average license fee for Q3 would come to almost $58k. Of course, that was based on $405k in license fees and seven new customers. Some of the fees may be additional licenses for existing customers (add-on seats or servers, for example). But more importantly, two of those new customers were the barter deals, accounting for $226k of the $405k. So the five paying customers, if they accounted for all the rest, averaged only $35,800 while the barter "customers" averaged $113k. Bob PS: I wonder why the barter deals were so much larger than their average customer.