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Technology Stocks : Booking Holdings (formerly Priceline)
BKNG 1,957+0.1%Aug 9 5:00 PM EST

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To: Stephanie M who wrote (2014)11/18/1999 10:03:00 AM
From: Sam Citron  Read Replies (1) of 2743
 
CNBC story raised revenue recognition issue. I only heard a bit of it, but it was not a thorough treatment of the issue. My understanding is that since investors are valuing most of these companies on basis of revenues, FASB is beginning to look closely at these issues. These are issues with almost all the dot coms, not just PCLN.
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