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mschere

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Re: Learning2vest post# 108349

Monday, 05/23/2005 9:29:34 AM

Monday, May 23, 2005 9:29:34 AM

Post# of 432922
IMO:General Dynamics 2nd Quarter revenue is based on actual 2nd Quarter billing for deliveries made by IDCC to them through June 30, 2005..in $800,000 minimum increments ..all other licensees are as of 3/31/05 reporting..

OT to D-D, thanks for the confirmation. Soon after the "2nd qtr" guidance came out this morning I got a call from some folks I care about asking about "products sold when?" and "don't they allow a FULL qtr to collect the royalty payments now?". That led into a "seems like" and "could be" discussion which got resolved by my post and your helpful confirmation.


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