S3 (A LONGER TERM PERSPECTIVE) Message Board

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Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

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May 12 5:00 PM EST

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To: Ken Muller who wrote (8198)	12/8/1997 9:26:00 PM
From: Jan A. Van Hummel	Read Replies (1) of 14577

Ken, There should be no adjustment of the current quarter. The sales should be what the actual sales will be for the period. Intuitively I would agree that when they restated sales the A/R should have been restated as well. If they didn't that would not sound right. In checking part of the filing I think they have handled this by introducing the "Deferred Revenue" under current liabilities. I would assume this is the simplest way of avoiding full scale adjustments and likely acceptable under GAAP. Jan

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