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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Jack Zahran who wrote (13700)3/31/1998 12:31:00 PM
From: Mr Logic  Read Replies (1) of 31646
 
Jack, I see the book revenue on invoice point has been made, otherwise I would have made it. Getting the actual $ is just a cashflow issue.

It is possible for revenues revenues to be deferred though - if a company is being conservative with revenues, it might choose NOT to book the 'software' revenues if the revenue for the CD is linked to the successful implementation of the services contract; potentially the revenue may need to be backed out. I would be surprised if this is the case though.
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