MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Dee Jay who wrote (7936)	3/29/1998 10:58:00 PM
From: Sector Investor	Read Replies (2) of 42804

<<I, you're a "cash basis" business, probably a sole proprietor given your brief description. Corporations cannot use that method - they must use the accrual method so when the cash is received has no bearing on the matter of when the revenue is recorded.>> Nope. An "S" corp - and yes, cash based. So, some corps can and some can't? My accountant recommended cash basis for me when the corp was formed.

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