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Technology Stocks : Hummingbird Comm. (HUMC) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Loucks who wrote (1511)4/14/1998 6:09:00 PM
From: Martin Goldenberg  Respond to of 2018
 
Paul, I was thinking that there was only the formal sign-off in March and the bucks for the UK deal will be coming later, in the 3rd Q, say when the SW is delivered.....or could it already have been?

At least this is the basis I was going on. I really do not think it will matter vis-a-vis short term stock price though. Investors' expectations will drive the stock price up. All HUM has to do is to keep on following through by broadening its product scope and of course, expanding its business.

At the current rate of potential expansion, I wonder whether HUM could come close to actually trebling its gross revenue this year.

Martin



To: Paul Loucks who wrote (1511)4/15/1998 8:35:00 AM
From: Method  Read Replies (1) | Respond to of 2018
 
The service has to be performed and goods delivered before the revenue gets recognized according to generally accepted accounting principles. Of course Deloitte is the auditor and if they can let Corel and Philip get away with the things they do DT could let HUM get away with it!


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