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Technology Stocks : DIGL... Digital Lightwave.... Making Waves.... -- Ignore unavailable to you. Want to Upgrade?

To: squirrel who wrote (302)	1/23/1998 4:13:00 PM
From: Peter R Smith	Respond to of 934

Sounds a lot like NUKO. prob good for a quick point or 2 in the next week but watch your backs. Peter Smith aka BSD

To: squirrel who wrote (302)	1/23/1998 6:02:00 PM
From: squirrel	Read Replies (3) \| Respond to of 934

Correct Explanation of DIGL Revenue Recognition Policy and Deferred Revenue REVENUE RECOGNITION - Revenue is recognized at the date of shipment, as the Company has no further significant obligations. DEFERRED REVENUE - Deferred revenue, which primarily represents amounts billed to customers in advance of shipment of goods, is recorded at the date of billing. Revenue is subsequently recognized at the date of shipment. This is pulled off their latest 10K. sec.gov I discovered this error and felt that a restatement was in order.