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To: Glenn D. Rudolph who wrote (31948)1/23/1998 8:27:00 PM
From: Daniel W. Koehler  Read Replies (1) | Respond to of 61433
 
Glenn

So you can stuff the channel all you want and it's not a sale. That makes sense.

This is what cratered Informix and now Sybase I think. They stuffed the channel and booked it as income.

Thanks, Glenn

Daniel



To: Glenn D. Rudolph who wrote (31948)1/23/1998 8:35:00 PM
From: Lockhart  Read Replies (1) | Respond to of 61433
 
Glenn..

Exactly...the other thing to keep in mind is that company's at this level release audited financial statements. Independent CPA's express an opinion on the accuracy of the statements, and also have a liability for the accuracy of the statements.

Funny numbers, or incorrect interpretation of accounting policies do occur, but rarely because of an intent to defraud the public.

Accept the numbers as honest and accurate....the future is open for interpretation....