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Re: cannabis post# 97877

Tuesday, 04/15/2003 4:31:55 PM

Tuesday, April 15, 2003 4:31:55 PM

Post# of 704019
Look at MSFT balance sheet, one of their liabilities, (unearned revenues) jumped by $900 MM, the way I see it this is recognized revenues that are not earned yet and thus a current liability, I am not concerned about the fact that this figure exist (they have long term contracts) I am concerned by its growth relative to other figures that are not growing, looking to me as revenues are recognized "a little ahead of time". I wonder when and if the street will note that. Reminds me of some CSCO slight of hand accounting tricks...

Zeev

AZH

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