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To: REH who wrote (4393)5/31/1998 12:05:00 AM
From: Rachel M. Kuecks  Read Replies (2) | Respond to of 93625
 
Yes, they have (past tense) been recognizing it as contract revenue.

There might be an upward surprise but it definitely won't be $5 million. If you believe the CFO when he tells you how the deferred revenues will be recognized you should believe him when he tells you to look for a flat third quarter.