Server 2003 and licencing??!

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Just a quick question for anyone working as a systems admin, etc out there!

The world of MS licencing is a confusing place and I cant find an answer to the following question!!

We have 20 people in the company. If I buy 4 Server 2003 Standard edition CDs (as we are setting up 4 servers) as each comes with 5 CALs does this mean we can have 20 per user licences (ie adding up all 5 licences from the 4 CDs) or does it not work this way?

Seems like it should be OK, but I'm sure MS have some clause saying you still need to buy the 5 user licence add-on CALs!!
 
Cheers. We do indeed have the microsoft action pack! Its great! Basically we've just expanded so are installing servers. Having come from a large corporate background where we had enterprise licencing (ie you dont need a licence key) I'm just getting used to the world of working with licences!

In the old place we could take one CD of server and install it anywhere we wanted. Just wondering how it applies to the small business who dont have corporate licences, etc
 
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