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Technology Stocks : LAST MILE TECHNOLOGIES - Let's Discuss Them Here -- Ignore unavailable to you. Want to Upgrade?

To: Curtis E. Bemis who wrote (5089)	9/1/1999 9:56:00 AM
From: MikeM54321	Read Replies (1) \| Respond to of 12823

Curtis, Thanks for the link. I missed that particular story. Here's what makes me laugh about apparent confusion concerning the complexities of Dycom's accounting methods. From your article: "Here's how it works: Dycom installs cable for telephone and cable television companies. When it sinks cable into the ground and completes a project, it fills out paperwork for work it has done. That's unbilled revenue. After the customer verifies the work is finished, Dycom sends it a bill. That falls under accounts receivable." That just about sums up the business Dycom is in<VBG>. I know it's not to technical, and probably why there is not much discussion about it on this thread. But Dycom partakes in the ramp-up of broadband infrastructure spending by the telcos and cablecos just as much as the bleeding edge technology companies. Thanks, MikeM(From Florida)