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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (6567)	3/25/1998 2:08:00 PM
From: lml	Read Replies (1) \| Respond to of 19080

Frank: I'm not a CPA, but generally accepted rules of public accounting permit some discretion how revenues may be reported. Key word in your inquiry is "reportable." Any accountants here may be able to shed further light. Regardless, what Ray is referring to is not "stock manipulation." So long as treatment of revenues is consistent with accounting rules, it is "legal" -- that is it is unlikely it would subject the Company to criminal or civil liability. Keep in mind all listed companies "cook" their books somewhat. Its a game, & will only get a listed company in trouble if they go too far. That's why financial statements are first audited before they are filed with the SEC (as well as released to the market). Hope this helps a bit.