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Technology Stocks : MRV Communications (MRVC) opinions?
MRVC 9.975-0.1%Aug 15 5:00 PM EST

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To: Duffeck who wrote (38951)5/10/2002 11:34:42 AM
From: Greg h2o   of 42804
 
<<The reported revenue (cash received, not trade) would be reported in gross revenues and the aggregate amount of all cash received in this manner reported>>

admittedly, i haven't studied the telecom sector's accounting of revenue, but i would think it would be normal practice to book the revenue received as gross revenue and THEN deduct trade in allowances. if i have a few minutes, i'll take a look at it this afternoon.
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