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Microcap & Penny Stocks : Saflink Corp. (ESAF) Biometric Software Provider

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To: bob jordan who wrote (4586)1/9/2000 10:51:00 AM
From: David  Read Replies (1) of 4676
 
I'm looking for something to disagree with in your post, and this is all I could come up with:

* Your typo of "BioCrap" when you intended to write, "BioLogon 2.0." Reminds me of that old joke about the woman who went to her shrink and discussed an amusing Freudian slip she had recently made. "I meant to say, 'please pass the salt, Mom' but it came out 'You ruined my life, you bitch.'"

* I'm pretty sure that the way IDX is recognizing revenues on its IDT products eliminates the risk of a writedown at the cost of backloading revenue recognition. In other words, IDX sees very little revenue when the product enters the channel ("is shipped") in favor or recognizing almost all of it when it is sold to the end user. Last quarter was a bit too early for recognizing those revenues. We'll get a much better fix this time around.
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