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Technology Stocks : Tripos (TRPS): Will Surge!
TRPS 0.01100.0%Jan 9 9:30 AM EST

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To: geewiz who wrote (148)5/1/1998 6:13:00 AM
From: geewiz  Read Replies (1) of 152
 
CONTINUED;

FROM THE ANNUAL REPORT;

Recent Accounting Pronouncements In October 1997, the Accounting Standards Executive Committee of the AICPA issued statement of Position 97-2 ("SOP 97-2"), "Software Revenue Recognition". SOP 97-2 is effective for the Company for transactions entered into beginning on January 1, 1998. Management is evaluating the impact, if any, of SOP 97-2 on its 1998 financial statements.

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