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Microcap & Penny Stocks : CCEE Breaking Out -- Ignore unavailable to you. Want to Upgrade?

To: Stan Price who wrote (7503)	10/30/1997 11:21:00 AM
From: Robert Marzullo	Read Replies (1) \| Respond to of 12454

Stan, The following is a paragraph from the url (http://www.computerconcepts.com/press/cc09151997.shtml) ---------------------------------------------------------------------- DelGiorno stated "SOFTWORKS' growing revenue backlog contributes significantly to, and is an important indicator of, long-term financial health since these revenues are guaranteed under contracts with customers. SOFTWORKS has been able to build this deferred revenue as a result of our conservative revenue accounting for multi-year contracts. Knowing this future cash flow is guaranteed enables SOFTWORKS to commit funds for development resources and product line enhancements that help solve the Year 2000 problem, as well as enterprise system performance and storage issues." ---------------------------------------------------------------------- My question is why add 150 millions to the Float if these deferred revenue are guaranteed ? Am I missing the boat? Bob

To: Stan Price who wrote (7503)	10/30/1997 12:10:00 PM
From: Rick	Respond to of 12454

Stan you also might want to e-mail Dr.Schilit. His project involved the games companies play with their numbers and it somehow seems to have included CCEE but I haven't been able to run down how, etc. DR. HOWARD SCHILIT (301) 984-1001 howard@schilit.com tekamah.com tekamah.com INTERNATIONAL STANDARDS GROUP LIMITED -- Form 10KSB/A, 02/27/97 INTERNATIONAL STANDARDS GROUP LIMITED. Form 10KSB/A. Filed February 27th, 1997. U.S. SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM... tekamah.com - size 299K - 1-Mar-97 - English tekamah.com Wed Oct 1, 1997: The CFRA project is at an end. Company resources are available from the EDGAR Project.