Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (2276)	2/28/1998 6:32:00 AM
From: FTJoe	Read Replies (2) \| Respond to of 18444

To all: I've got an "accounting" question, apologies if this was covered already. Zulu says they did $39 million last year. I'm assuming this is with Softbank added in. From a reporting perspective, is it normal to include these revenues when the deal was consumated at the end of the year(12/31)? Also, does anyone know if Zulu is using all the revenues or 65% of the revenues. Does having 65% controlling interest allow the recognition of all the revenues from the unit? I'm trying to get an idea of how much truth there is to the release.