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Strategies & Market Trends : The Stock Market Bubble -- Ignore unavailable to you. Want to Upgrade?


To: Arik T.G. who wrote (3040)1/26/2000 9:58:00 AM
From: Kailash  Read Replies (1) | Respond to of 3339
 
This might take a bit of air out of some hindenbergers:

NEW YORK, Jan 26 (Reuters) - A U.S. accounting governing board has tightened up a rule on how Internet companies book bartered advertising, the Wall Street Journal said.

The ruling by the Financial Accounting Standard Board (FASB) says companies can only include revenues received from bartered advertising if they have a history of receiving cash for similar advertising transactions, the newspaper said.

In addition, those deals cannot take place more than six months prior to the actual barter, the Journal reported.