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 : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: rkral who wrote (65442)	5/12/2004 2:29:55 PM
From: Stock Farmer	Read Replies (1) \| Respond to of 77400

Hi Ron. Takin' a break from makin' money so I've got some time to post. Tell me, how did you calculate the variance in recognition rate. Simple... take 3,420 current portion of deferred revenue and assume recognized equally over the period (one year). That makes 9.4 M$/day through 365 days. 7 days @ 9.4 M$/day is about 71 M$. Presto. Strictly speaking however, this is pre-tax, so would be about 10 days variance to make an after tax impact of $0.01/sh. The point isn't to be precise to the penny (I'm neither a CFO nor an accountant), just to show that there's a lot opportunity for a qualified financial engineer to be tinkering with. Cheers, John