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To: Michel Bera who wrote (3813)4/16/1998 11:52:00 AM
From: REH  Read Replies (1) | Respond to of 93625
 
Deferred Revenues less current portion:

March 31 1997: $ 14.3 M
March 31 1998: $ 39.4 M

The difference is an astonishing $ 25.1 M

(Compare this to their "regular" revenues and you get the picture)

And....this is only Consulting Revenues!

Doesn't anybody get it - talk about creative accounting. When the financial market realizes these "hidden" revenues then the stock can only go in one direction.

reh/luving it