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Technology Stocks : WAVX Anyone? -- Ignore unavailable to you. Want to Upgrade?


To: jas singh MD who wrote (907)12/4/1997 10:39:00 AM
From: andrew peterson  Read Replies (1) | Respond to of 11417
 
Here's a question for anyone who has an understanding of corporate accounting -- can you explain to me what "deferred revenue" is all about? Specifically, why would WAVX have to defer the million dollar licensing fee they received this quarter? And what happens to it later -- does it just show up as regular old revenue in some future quarter? Which one? In the meantime, for all practical purposes inside the company, is it real revenue? I've been meaning to ask about this since the last quarterly report. Thanks to anyone who can help me with this.