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Gold/Mining/Energy : Calian Technology a Company with infinite growth potential -- Ignore unavailable to you. Want to Upgrade?

To: John Sladek who wrote (64)	11/16/1998 4:11:00 PM
From: Bloodhound	Read Replies (1) \| Respond to of 132

Just joined and have been following CTY for a while. John from where I sit the unearned revenue is a GOOD thing. That is usually a deposit for work to be done. Also the fact that the backlog increased by 35% while having a RECORD quarter is also very positive. Maybe I am wrong because I am not an accountant but I would think that if customers pay in advance for a service and that it shows up on the balance sheet as unearned ( that means its NOT a sale ) then I would say this in fact is much better then it looks. Now I am only new to this service and I am not an accountant but....