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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: mtnlady who wrote (33873)	10/27/2000 1:14:46 AM
From: kumar	Read Replies (1) of 54805

wonder why NT can't book revenue when they sell the product and then book the revenue from the service side of the picture as the project is completed it is reasonably simple to understand if u step out of the "investor mode". - customer agrees to pay supplier to provide a solution to a problem - supplier may have products + services + 3rd party components in the solution. - customer (typically) would agree on milestone payments - revenue recognized, as an when milestone payments come in - if during the project, it turns into a pile of crap, all bets are off. (backing off previously recognized revenues is not out of bounds in this scenario). cheers, kumar@beentheredonethat.org

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