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Technology Stocks : Winstar Comm. (WCII)
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To: Steven Bowen who wrote (10536)3/5/1999 8:16:00 AM
From: TheSlowLane  Read Replies (2) of 12468
 
Does anyone understand the intricacies of how the Williams transaction might be handled and the potential impact on revenues? It sounded like they can either account for those revs over a 25 year period (I believe that is the way it was accounted for in Q4) or over a shorter period of time. I thought that I heard that they are trying to get clearance to adopt the latter approach which would have the effect of boosting the 4Q98 revs by tens of millions of dollars. I know - not much compared to TGNT's $480,000 Q4 revs - but I still thought it was significant. Any further light that can be shed would be appreciated!
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