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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: Brian Sullivan who wrote (67459)4/16/2002 4:51:42 PM
From: jonkai  Respond to of 74651
 
I was thinking of deferred earnings...

do you mean their cookie jar revenues? the practice that they are being investigated for by the SEC?

now that's not enough for them any more, they just announce that they will be channel stuffing by reporting revenues a little earlier than they used to.... the cookie jar must not have been good enough for this quarter.... must have been a bad quarter.....

but hey, they'll beat earnings by about two cents come h*ll or high water as they've always done, just don't look at the numbers too close if you have a weak stomach.....

jon.



To: Brian Sullivan who wrote (67459)4/16/2002 5:26:02 PM
From: Charles Tutt  Respond to of 74651
 
That explains it. You get your passing grade in Acctg 101 back, then. <g>

Charles Tutt (SM)



To: Brian Sullivan who wrote (67459)4/16/2002 6:04:18 PM
From: John F. Dowd  Read Replies (1) | Respond to of 74651
 
Yes I guess you were. MSFT has large deferred earnings because they don't book it until all conditions of sale are met and that there is sell through in the channel. Very honest and very conservative, JFD