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Microcap & Penny Stocks : AVTI - Accord Semiconductor Equipment Group
AVTI 0.000001000-90.0%Jun 3 10:18 AM EST

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To: E.B. who wrote (38)3/14/2000 7:47:00 PM
From: Marshall  Read Replies (1) of 92
 
In talking with the company a while back they hinted that they already had seven orders booked so far for the year and would be announcing them all. I believe their policy is to wait until they've located and secured all the necessary equipment to fill the orders before considering them final enough to make public.

Earns for Q4 and the year should be out soon too and even though they expect to report continued profitability they indicated that some of last Q's sales won't turn up as fully-booked revenues until the current Q due to the way they account for this type of business. My guess is that they use the "check is in the bank and customer is fully satisfied" method.
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