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

To: andrew peterson who wrote (908)	12/4/1997 2:52:00 PM
From: Paul Schmidt	Read Replies (1) \| Respond to of 11417

I have absolutely zero understanding of corporate accounting, but this post was very enlightning, also discussing deferred revenue in passing: Message 2720045 I believe, please correct me, that Wave earned a $1,000,000 on agreeing a contract with an OEM - ?EPL - but that it had to meet certain targets contractually before the money already paid over (?to facilitate cash flow?) could be considered "earned". I was looking for the post referring to it, but it seems to be further back than I remembered. That's the way I made sense of it, anyway. Keep wavxing