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Technology Stocks : Ascend Communications (ASND)
ASND 208.05-0.8%12:33 PM EST

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To: Brad Ruffin who wrote (14545)9/26/1997 12:27:00 PM
From: Chi-X   of 61433
 
To any accountant experts, is it possible for ASND to use the recent UUNet deal revenue to play around with their books. ASND essentially as an estimated $60 million order to play around with on their books. Can they recognize $40 now and $20 next quarter? Or $60 now and $0 next quarter? Or are they dictated strictly to what is being shipped for the current quarter and no shenanegans are allowed?


Cheers,
Chi-X hath Spoken!


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Chi International
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