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Technology Stocks : John, Mike & Tom's Wild World of Stocks

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To: Logain Ablar who wrote (2099)12/21/2000 12:01:21 PM
From: John Pitera  Read Replies (1) of 2850
 
While this is an
acceptable sales incentive practice the company was recording the full sale price in yr 2000 revenue. This is not an acceptable revenue recognition practice under FASB / SEC guidlines.


thanks for that heads up and WOW, how many times have
LU and T warned this year..... amazing.
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