Broadcom (BRCM) Message Board

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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: JP who wrote (206)	4/24/1998 12:29:00 AM
From: Kashish King	of 6531

I'd be careful of implying that management fudged the numbers to deceive shareholders. Actually, what I was suggesting is that when it comes to revenue recognition that there is wide latitude; when charges are factored in the flexibility is greater still. What you missed was the point. The point being that had they, say, deferred revenue (to account for future customer service charges for example) they could have reported 1 million instead of 5 million in revenue. The result being they could have demonstrated a growth rate of 3000% and again I say, GET IT? The answer was an implicit NO based on your reply so I'm asking it again. AFA being careful about implying deception, that wasn't what I was implying but now that you mention it it's crystal clear they are out to deceive shareholders in a big way. As far as I'm concerned I can no longer trust them and I would certainly think twice about holding this stock given the current environment. So I'm not implying anything, I'm telling you precisely what's going on.

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