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Technology Stocks : CSG Systems (CSGS) Billing Support Software -- Ignore unavailable to you. Want to Upgrade?

To: double-plus-good who wrote (99)7/29/1999 11:03:00 AM
From: llwk7051@aol.com  Read Replies (1) | Respond to of 135
 
Double-plus-good, Thanks for the reply. As you mentioned this means the company can manipulate numbers, but this is the method companies use for contracts in progress. You have to hope that the auditors do adequate testing and that the company is honest in its evaluations so that the numbers do not become distorted. The growth in these receivables is not bad if contract growth goes up at same rates.
Good luck to all,
Robert D.


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