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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Karl Drobnic who wrote (29425)3/10/1999 2:21:00 PM
From: JDN  Read Replies (1) of 31646
 
Dear Karl: Well, if I am called the "Expert" I have to bill you! haha. But, as just another Joe on the board, here is the answer. Realization of previously "Reserved" (Allowance for Doubtful Accounts) receivables rolls directly into OPERATING income not a one time thing (Called Extraordinary Income). Why? Because there is nothing unusual (Extraordinary) about Reserving (allowance for doubtful accounts) potential bad debts (doubtful accounts). [I put all this extra info in for that fellow who calls himself Larry Brew but in REALITY his name is Doubting Thomas]--haha. JDN

PS: Uh Oh--I forgot to define REALIZATION. Means RECOVERY.
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