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Technology Stocks : Azenta
AZTA 29.35-0.7%Nov 7 9:30 AM EST
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To: Proud_Infidel who wrote (764)11/1/2003 3:48:12 PM
From: robert b furman  Read Replies (3) of 1138
 
Hi Brian,

Another stock that is one of my favorites (COHU) also noted a large job that won't get booked in 03Q4.I'm thinking they both will use Fasb 101 (you can't call it money intil the equipment sold conforms to buyers spec and then pays for it.

This will effectively push the project out into the next year and defer some of the tax liability until the next year.

Quite smart but the delay only works so long.

Bob

04 is going to be the pivotal year for SCE companies.IMHO
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