All the license rev`s in the last qtr occured in the second half of the quarter (not that that really means a darn thing), and they all came within 30 days of each other.
The point is, that rev`s will be intermittent and I expect the quarters to vary (maybe by a lot). However if you are a LONG, then these deviations are fully understood and are not of great concern, so long as periodic deals do come over time. I would be more concerned if these deals were announced in such a timely manner as to point to `earnings management` or `smoothing` --- I for one, do not want any of that for several reasons.
I will take the rev`s as they occur and I believe that Pohl & Co are doing exactly what they say they are doing; and more. Best